Wee: Sue, if report about Tabung Haji disposing of TNB shares untrue

  • Nation
  • Wednesday, 30 Oct 2019

KUALA LUMPUR: Pakatan Harapan has been issued with a challenge to take legal action if a report claiming that Lembaga Tabung Haji (TH) has disposed of its shares in Tenaga Nasional Bhd (TNB) is false.

MCA president and Ayer Hitam MP Datuk Seri Dr Wee Ka Siong said he had asked Deputy Minister in the Prime Minister's Department Fuziah Salleh about the matter, adding that she refuted it and said that TNB was known for making lots of returns.

"If the report is false, why did the Pakatan government and TH management not take any legal action against the media? I challenge the government to immediately take action if it is false," said Wee.

The Malaysian Reserve reported in an article that TH had disposed equities worth RM2.6bil over the last three months as it continued to trim its exposure to a volatile equity market.

It also reported that since the end of June, TH had disposed of its shareholdings in nine listed companies, including FGV Holdings Bhd, TNB and Yinson Holdings Bhd.

Wee said the Pakatan government should continue to find ways to maximise the dividends (hibah) given to depositors.

Prior to this, it was reported that Minister in the Prime Minister's Department Datuk Seri Dr Mujahid Yusof Rawa said that TH would give a dividend of 1.25% to its depositors for the 2018 financial year.

He said this amounted to a total payout of RMM913mil for TH's 9.3 million depositors.

That makes it the lowest hibah given to depositors in TH's history.

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