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Malaysia ex-minister denies role in US$211M haj fund scandal

By PulseAugur Editorial · [1 sources] ·

A former Malaysian minister, Jamil Khir Baharom, has denied involvement in a scandal involving the Lembaga Tabung Haji, a haj fund. His prosecution stems from a royal commission inquiry into the fund's management between 2014 and 2020, which identified significant losses from troubled investments. The Malaysian Finance Minister stated that these investments resulted in nearly 13 billion ringgit in losses, with some investments being completely depleted. AI

RANK_REASON Significant legal action against a former minister related to a large financial scandal involving a national fund. [lever_c_demoted from significant: ic=1 ai=0.1]

Read on SCMP — Tech →

AI-generated summary · Google Gemini · from 1 sources. How we write summaries →

Malaysia ex-minister denies role in US$211M haj fund scandal

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Significant legal action against a former minister related to a large financial scandal involving a national fund. [lever_c_demoted from significant: ic=1 ai=0.1]
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COVERAGE [1]

  1. SCMP — Tech TIER_1 English(EN) · Iman Muttaqin Yusof ·

    Malaysia haj fund scandal: ex-religious minister denies role in US$211 million transfer

    A former Malaysian religious affairs minister pleaded not guilty on Monday to three charges involving more than 860 million ringgit (US$211 million) in transactions linked to the country’s state-run haj savings fund and a Saudi property group. Jamil Khir Baharom, 65, served as mi…

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