cy to destroy Tabung Haji, the biggest Islamic institution in the country.
The Danaharta rescue provided the companies with breathing space to reform and reorganise their businesses until they became healthy again to repay their debts and retake their assets. The SPV for helping Tabung Haji to revive its non-profitable assets like the four hotels, the shipyard etc was set up with the same modus operandi as Danaharta.
It had to give the approval for Urusharta to raise sukuk to pay Tabung Haji for the assets it bought over, including the four hotels.
Lol
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