TABUNG Haji (TH) has started transferring assets from its equities investment portfolio to a special purpose vehicle (SPV), Urusharta Jamaah Sdn Bhd, as part of a restructuring exercise.
U.S. Returns Seized 'Wolf of Wall Street' Millions to Malaysia. The first tranche of recovered funds from the multibillion-dollar scandal have been returned.
The 1MBD scandal, in which an estimated $4.5 billion was illegally siphoned out of Malaysia and used to finance extravagant lifestyles and purchase luxury properties in New York and L.A., artwork, private jets, yachts and even a major foray into Hollywood, appears to be reaching its own endgame.
28 Dec 2018
7 May 2019
Cease all dubious overseas investments made by these companies and bring back the fund