Malaysia's RM64 billion (S$21 billion) Muslim pilgrimage savings fund is the latest state-owned giant to come under the new government's radar for financial mismanagement under the ousted Barisan Nasional (BN).
The Pakatan Harapan (PH) administration is now weighing options to deal with Tabung Haji (TH), whose assets are RM4 billion short of deposits by nine million would-be pilgrims, according to its last financial report in 2016, with more losses likely since.
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