Inside the Governance Breakdown that Rocked Malaysia's Muslim Pilgrimage Fund Tabung Haji The recent release of the Royal Commission report on Malaysia's Tabung Haji (TH) pilgrimage fund has exposed a six year governance breakdown, spanning from 2014 to 2020.
At its core, this is not just a tale of corruption and mismanagement but also an indictment of the pervasive influence of politics in supposedly independent institutions.
For decades, TH had been the go to destination for Malaysian Muslims saving for their haj pilgrimage, with over nine million depositors entrusting their life savings to the state backed fund.