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Nation

MTUC: Unjustifiable to invest EPF funds to strengthen US economy

The EPF bought nearly 20 million IOI Corp shares in early March

PETALING JAYA: The Malaysian Trades Union Congress (MTUC) has objected to the plan to invest RM17bil from the Employees Provident Fund (EPF) in the United States.  

Its secretary-general J. Solomon said instead, the funds should be used to develop the domestic economy.  

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