ANGKATAN Koperasi Kebangsaan Malaysia Bhd (Angkasa), the apex body for co-operative organisations has been in the news for the wrong reasons in recent years. This is largely due to its lucrative business model say industry observers.
Angkasa, which has close to 5,000 members, is the sole interface with the Attorney-General’s office that enables automatic salary deductions. Based on labour law the deduction facilities are for cooperative members, which in turn are extended to civil servants as they make up the bulk of its membership.
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