What specific investment decisions require forensic audit per RCI?

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Specific Investment Decisions Requiring Forensic Audit Unspecified in RCI Report

The Royal Commission of Inquiry (RCI) report into Tabung Haji (TH) recommended a forensic audit into past investment decisions that led to a significant decline in the institution's asset value. However, the report does not specify the exact nature or details of these particular investment decisions that warrant such an audit. The investigation covered TH's management and operations from 2014 to 2020.
RCI's Recommendation for Forensic Audit

The RCI report explicitly called for a forensic audit to scrutinise past investment choices made by Tabung Haji. This recommendation stems from the commission's findings that these decisions contributed to a severe deterioration in the value of TH's assets. The purpose of the audit would be to thoroughly examine the prudence and consequences of these past financial strategies.
Period Under Investigation

The scope of the RCI's investigation encompassed the management and operational activities of Tabung Haji during the period spanning 2014 to 2020. This timeframe was identified as a critical period during which the alleged problematic investments and financial mismanagement occurred, leading to the asset value decline. The commission's findings are based on the evidence gathered from this specific six-year period.
Identification of Problematic Investments and Suspicious Activities

During its investigation, the commission identified several investments that were deemed problematic and merited further forensic examination. Additionally, the RCI uncovered evidence suggesting suspicious transactions took place within the organisation. The report also noted instances where information was concealed, further prompting the call for a comprehensive forensic audit to uncover the full extent of these issues.

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What specific investment decisions require forensic audit per RCI?

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