The Royal Commission of Inquiry has called for Lembaga Tabung Haji's board members, subsidiary directors, senior management and officers involved in a string of failed investments to be held accountable, citing systemic governance failures, weak oversight and flawed decision-making that left the pilgrims' fund exposed to massive losses. It also recommended forensic audits into several high-profile investments
This allegedly involves cabin services, cargo and logistics, engineering and maintenance, as well as the commercial division, according to Scoop’s source
The Energy Commission has set a new average base tariff of 45.40 sen/kWh for RP4, slightly lower than before, bringing overall electricity costs down by up to 19% compared to the previous regulatory period
World football’s governing body has sanctioned the Football Association of Malaysia (FAM) and seven naturalised players for using falsified documents to secure eligibility in the Asian Cup qualifier against Vietnam in June