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Key FactsCabinet Reviews Tabung Haji Inquiry Report Release
Jul 22, 2026 · Reading time: ~45 sec.
Summary created with AI assistance · Source: thestar.com.my
  • The Cabinet plans to discuss a proposal to release the final Royal Commission of Inquiry report on Tabung Haji.

  • Allegations that the former Treasury secretary-general sold strategic Tabung Haji assets were denied as inaccurate.

  • In 2018, Tabung Haji faced a RM10.9 billion deficit and risked government liability of RM74.5 billion due to guaranteed deposits.

  • The bailout resulted in increased deposits, higher profit distribution, and stable pilgrimage costs despite inflation.
  • "I want to stress that the allegation that the former Treasury secretary-general sold TH’s strategic assets is untrue and false. What actually happened was a bailout operation to save a financial institution serving Muslims, which had been affected by the reckless misappropriation of depositors’ funds before 2018," he said.— Dr Zulkifli Hasan, Minister in the Prime Minister's Department (Religious Affairs), in Kuala Lumpur, responding to a question about TH assets and the RCI report
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