PM: Govt to return RM20b of TH assets under MOF SPV to pilgrim fund
Prime Minister Datuk Seri Anwar Ibrahim said the return of Lembaga Tabung Haji (TH)’s assets disproves the claim by certain parties that TH’s assets placed under a special purpose vehicle of the Finance Ministry had already been transferred to non-Muslim ownership, which is entirely untrue.
(The Edge) – The government will return Lembaga Tabung Haji (TH) assets worth RM19.9 billion which were placed under a special purpose vehicle (SPV) of the Ministry of Finance (MOF) to the pilgrim fund, said Prime Minister Datuk Seri Anwar Ibrahim.
Anwar, who is also the finance minister, said the decision was made as MOF is now satisfied with TH’s management and governance, as well as its ongoing financial performance, especially after overcoming previous stumbling blocks.
He added that the return of TH’s assets also disproves the claim by certain parties that TH’s assets placed under the SPV had already been transferred to non-Muslim ownership, which is entirely untrue.
“After careful consideration, I have stated from the beginning, since assuming this position, that once TH is managed well and is secure, MOF will initiate discussions to return the assets currently held by the SPV to TH.
“This is also to put an end to the slander against the finance minister at the time, claiming that he had already transferred these assets to non-Muslims,” said Anwar at TH’s 60th anniversary celebration here on Friday.
