PM: Tabung Haji assets being sold due to under-utilisation | Malay Mail

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PM: Tabung Haji assets being sold due to under-utilisation

BY JERRY CHOONG

PUTRAJAYA, Feb 18 — Muslim pilgrimage fund Lembaga Tabung Haji is liquidating some assets as these were not being fully used, Prime Minister Tun Dr Mahathir Mohamad said today.“Therefore Tabung Haji should get out of it. There are other ways of investing the money to gain better returns,” Dr Mahathir said after launching the National Anti-Drug Month 2020 at Dewan De’Seri Endon in Putrajaya.

“But in the future, we will require that people who save money must save enough so that they can perform the Haj properly,” Dr Mahathir said. In the circular, Zulkeffli said the decision to cease operations in April came about after five town-hall sessions with the company management and the management of the four hotels in December last year.

 

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