00:00The Inland Revenue Board is investigating individuals identified in the Royal Commission of Inquiry report on Tabung Haji's financial management.
00:09LHDN said the probe was based on tax risk analysis, which found discrepancies between the reported income and asset ownership
00:16of those identified.
00:17The tax authority also conducted raids on several premises to obtain information, review documents, and verify facts as part of
00:25its investigation.
00:26According to LHDN, any further action will depend on the findings of the probe, the assessment of information, and evidence
00:33obtained during the review process.
00:36The 252-page RCI report on Tabung Haji's management and operations from 2014 to 2020 was completed in July 2022,
00:44but was only declassified last Wednesday.
00:47The Commission found that Tabung Haji had concealed its true financial position for years, including reporting a RM3.4 billion
00:55profit in 2017 when it should have recorded a RM1.4 billion net loss.
01:01MACC has detained five people in connection with the RCI report, while Bukit Aman's Commercial Crime Investigation Department has opened
01:09five investigation papers into alleged commercial offences uncovered in the report.
01:14Mun Jun Yang, FMT.
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