Malaysia

Syed Saddiq warns Tabung Haji bailout burden could fall on future generations

Syed Saddiq said the key concern was not only the amount of losses recorded, but whether the responsibility of rescuing the pilgrimage fund would eventually be passed on to younger Malaysians.

Updated 1 hour ago · Published on 11 Aug 2026 3:22PM

Syed Saddiq warns Tabung Haji bailout burden could fall on future generations
“We are transferring the burden from one generation to another,” he said. - August 11, 2026

THE financial cost of addressing past losses at Lembaga Tabung Haji (TH) must not be allowed to become a burden carried by future generations and taxpayers, Muar MP Syed Saddiq Syed Abdul Rahman told the Dewan Rakyat today.

Speaking during the special sitting to debate the Tabung Haji Royal Commission of Inquiry (RCI) report, Syed Saddiq said the key concern was not only the amount of losses recorded, but whether the responsibility of rescuing the pilgrimage fund would eventually be passed on to younger Malaysians.

He said financial support to stabilise TH could not be viewed as a solution if the underlying issues were not properly addressed.

“If there are losses and you continue paying high hibah, the money does not simply come from nowhere.

“We are transferring the burden from one generation to another,” he said.

Syed Saddiq said taxpayers and younger Malaysians today were effectively bearing the cost of more than RM10 billion in financial assistance provided to support TH’s recovery.

He also questioned whether the government would follow through with the recommended RM1.7 billion annual fiscal injection under TH’s recovery plan.

The Muda co-founder said resolving TH’s challenges required more than announcing measures, warning that failure to honour financial commitments would only push the problem further down the line.

“On paper, yes, you saved Tabung Haji. But if you do not fulfil that responsibility, you are merely transferring the problem from one generation to the next and from one government to another,” he said.

Syed Saddiq also called for amendments to the Tabung Haji Act to prevent political appointments and ensure the selection of the fund’s leadership was based on merit and transparency.

He urged the government to act on the RCI’s recommendations without considering political affiliations, saying accountability should apply regardless of who was involved.

“We need to have the courage to take action, regardless of whether they are our friends or opponents,” he said. – August 11, 2026

Related News

Malaysia / 2h

PN walkout over Tabung Haji debate a political misstep, says analyst

Malaysia / 4h

TH faced risk of RM74.5 billion liability exposure before bailout, Dewan told

Malaysia / 4h

Anwar questions PN’s priorities after Tabung Haji RCI walkout

Malaysia / 5h

MACC, police probing TH after RCI findings as govt warns no one will be spared

Malaysia / 5h

Opposition MPs leave Dewan Rakyat, do not take part in RCI TH Minister's briefing

Malaysia / 1d

Tabung Haji RCI report takes centre stage at special Dewan sitting tomorrow

Spotlight

Malaysia

Sabah and Sarawak can become 'kingmakers', determine who will lead Federal government

Malaysia

Use of Jalur Gemilang without crescent moon, stars was unintentional - MB

Malaysia

Penang: Good progress seen in two major projects in the state

By Ian McIntyre

Malaysia

Rafizi’s wife says no update nearly a year after son’s alleged syringe attack

By Alfian Z.M. Tahir

Malaysia

While the focus is on condemning the Madani government, a coup d'état is in process

Malaysia

Reward of RM5k offered as police hunt suspect who allegedly set woman alight in Kepong

Malaysia

Man positive for drugs, brandishes meat cleaver at delivery rider (video)

Malaysia

A birthday of service: Anwar turns 79 as Malaysia’s reform agenda remains in focus

You may be interested

Malaysia

Johor police detain 209 foreign women, 13 premises operators in Op Noda raids

Malaysia

Middle-aged takeover drives Malaysia's cashless revolution as e-wallets shed youth tag

Malaysia

While the focus is on condemning the Madani government, a coup d'état is in process

Malaysia

Rafizi’s wife says no update nearly a year after son’s alleged syringe attack

By Alfian Z.M. Tahir

Malaysia

11 Sarawak areas hit with unhealthy air quality levels as haze worsens

Malaysia

A birthday of service: Anwar turns 79 as Malaysia’s reform agenda remains in focus

Malaysia

78-year-old woman killed in crocodile attack while collecting snails in Sarawak

Malaysia

Cashier pays RM18 shortfall for mother’s groceries, leaving her touched by kindness

By Alfian Z.M. Tahir