A Malaysian ruler is demanding accountability over the mismanagement of a pilgrimage fund, after a government rescue package, criminal proceedings against former officials and half-hearted reforms have fuelled concerns about political influence in an institution entrusted with the savings of millions of the country’s Muslims.
Tabung Haji holds the savings of more than 9.8 million depositors and helps Malaysian Muslims finance and undertake the pilgrimage to Mecca, a religious obligation for those with the means to make the journey.
Its financial troubles required a government rescue in 2018, according to a royal commission of inquiry report released on July 29, which examined the fund’s management and operations between 2014 and 2020.
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