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Finance minister II Amir Hamzah Azizan says the 14 investments cost Tabung Haji and the government nearly RM13 billion.

Read More:
https://www.freemalaysiatoday.com/category/nation/2026/08/11/7-of-th-s-14-troubled-investments-ended-in-total-losses

Laporan Lanjut:
https://www.freemalaysiatoday.com/category/bahasa/tempatan/2026/08/11/7-daripada-14-pelaburan-bermasalah-th-rugi-100

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Transcript
00:00Kerugian pelaburan terpaksa ditanggung dianggarkan hampir RM13 bilion, iaitu RM10.2 bilion bailout oleh kerajaan pada 2018 melalui UAJSB,
00:14market manakala rosut nilai sebanyak RM2.6 bilion atau net loss yang ditanggung sendiri oleh tabung haji antara 2018 sehingga
00:272025.
00:28Bagi pelaburan yang masih diuruskan, malah lebih parah lagi, 7 daripada 14 pelaburan itu rugi 100 peratus.
00:427 daripada 14 troubled investments identified by the Tabung Haji Royal Commission of Inquiry ended in total losses with nearly
00:51RM13 bilion lost overall.
00:53Second Finance Minister Amir Hamzah Azizan told the Dewan Rakyat that the government covered RM10.2 bilion in a 2018
01:02rescue exercise,
01:03while Tabung Haji absorbed another RM2.6 bilion between 2018 and 2025.
01:09Amir stressed that the losses were not simply due to market conditions,
01:13with some deals proceeding despite inadequate due diligence, weak safeguards and warnings from Tabung Haji's own offices.
01:21The largest loss involved Al Rauda Real Estates Development and Project Management,
01:27where Tabung Haji paid about RM1.5 bilion to lease four hotels in Mecca and Medina,
01:33but later suffered a RM1 bilion impairment after rental payments stopped.
01:39Amir also highlighted Tabung Haji's RM193.5 bilion purchase,
01:43of a 30% stake in Putrajaya Perdana despite its own research arm valuing the stake at between RM124 million
01:50and RM155 million.
01:53A forensic audit of an offshore patrol vessel project linked to TH Heavy Engineering also found RM48.1 million in
02:01irregularities,
02:03with another RM195 million in possible irregularities still under investigation.
02:08Amir added that Tabung Haji advanced RM178.6 million to the buyer of an Indonesian plantation
02:17after the purchaser failed to meet its obligations,
02:20effectively meaning the seller financed its own buyer.
02:24He warned that the pattern went beyond ordinary investment losses,
02:28adding that investigations would continue and those found responsible would face action.
02:34I'm Radeep Gill, FMT.
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