LHDN launches probe into individuals identified in Tabung Haji RCI
Malaysia's Inland Revenue Board (LHDN) has launched an investigation into individuals identified in the Royal Commission of Inquiry report regarding Tabung Haji. The probe focuses on discrepancies between asset ownership and reported revenue, following findings of suspicious transactions and poor investment management.
Why it matters
This investigation addresses financial mismanagement and potential tax evasion within a major national institution, reflecting efforts to improve institutional integrity.
PETALING JAYA: The Inland Revenue Board (LHDN) has launched a probe into individuals identified in the findings of the Royal Commission of Inquiry (RCI) into Tabung Haji.
“The investigation is done based on a tax risk analysis, whereby there was a mismatch between asset ownership and the total revenue reported by the respective individuals,” LHDN said in a statement on Friday (Aug 7).
It said LHDN had raided several premises to gather information, check documents and to verify facts related to the ongoing investigation.
“Every action taken was carried out in a professional manner based on integrity and in accordance with tax laws without any prejudice towards any party," LHDN said.
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in