KUALA LUMPUR: Lembaga Tabung Haji was set up with the noblest of intentions 55 years ago but the pilgrim fund is now beset with alleged fraud and mismanagement, likely due to a lack of proper regulatory oversight.
Over the last two weeks, TH has lodged two police reports against former chairman Datuk Seri Abdul Azeez Abdul Rahim, former CEO Tan Sri Ismee Ismail and Datuk Seri Johan Abdullah, as well as four senior management staff over misuse of funds and wrongful conduct in a corporate deal.
On Monday, a turnaround plan is likely to be unveiled in parliament by the minister in charge of the pilgrim fund Datuk Seri Mujahid Yusof Rawa.
Can a turnaround plan and new management team put things right?
First of all, how did things go so wrong at TH? What should be done to right the wrongs?
Read the story in the latest issue of The Edge.