7 of TH’s 14 troubled investments ended in total losses

The RCI examined the management of the pilgrims’ fund from 2014 to 2020. Amir said the 14 investments resulted in losses of nearly RM13 billion. The government covered RM10.2 billion in a 2018 rescue exercise, while TH absorbed another RM2.6 billion between 2018 and 2025.

“Seven of the 14 investments were total losses,” he said during his winding-up speech at a special sitting on the RCI report.

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