Employees ask for probe into Amanah Ikhtiar | The Malaysian Insight

Employees ask for probe into Amanah Ikhtiar

Malaysia, News

28/11/2021 2:19:00 AM

Employees ask for probe into Amanah Ikhtiar

They fear fund to help poor Bumiputera will be closed if alleged power abuse, bad management practices are allowed to continue.

Copy URLMICRO-CREDIT trust Amanah Ikhtiar Malaysia, a fund to help poor Bumiputera, will likely die a slow death due to unresolved scandals, said its employees.Its closure would be unsurprising given the allegations of power abuse, lack of transparency, and poor investment decisions that are said to have racked up a RM600 million debt for the federal government.

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× Copy URL MICRO-CREDIT trust Amanah Ikhtiar Malaysia, a fund to help poor Bumiputera, will likely die a slow death due to unresolved scandals, said its employees. Its closure would be unsurprising given the allegations of power abuse, lack of transparency, and poor investment decisions that are said to have racked up a RM600 million debt for the federal government. Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one (1) week free access!