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 month 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 / 2w

Abdul Azeez and children ordered to declare assets within a month

Malaysia / 3w

‘We need more healthcare professionals, not corrupt politicians’ (video)

Malaysia / 3w

RCI TH: MACC to charge former minister on Monday

Malaysia / 3w

Abdul Azeez claims trial over RM193.5m Tabung Haji investment

Malaysia / 1mth

Former Tabung Haji COO’s charges put off after hospital admission

Malaysia / 1mth

RCI TH: Former THP manager charged with CBT involving RM72,000

Spotlight

Diary

Penang reaffirms commitment to preserve heritage sites across the state

By Ian McIntyre

Opinion

AI: A Godsend for those with dyslexia in education and careers

Malaysia

Malaysia prepares for aged nation status by 2036

Malaysia

Mentally disabled suspect remanded for 7 days over fatal hammer attack in Marang

Malaysia

Masidi urges Putrajaya to address Sabah doctor shortage in upcoming Budget 2027

Malaysia

Police rearrest motivational speaker as second woman files harassment report in Perlis

Malaysia

Anwar vows zero compromise on school safety after alleged murder of teen Irene Sofiya

Malaysia

Classmates arrested as police probe fatal assault of 16-year-old Irene Sofiya

Malaysia

Loneliness, social media drive elderly pensions into hands of cyber scammers

Malaysia

Another desperate attempt by Nadzaruddin and former Undangs

You may be interested

Malaysia

Malaysia prepares for aged nation status by 2036

Malaysia

Organ and stomach samples collected from bull elephant found dead in Kinabatangan River

Malaysia

Drunk lorry driver arrested following fatal head-on crash that killed father and injured family

Malaysia

Moderate magnitude-5.8 earthquake strikes north Sumatera

Malaysia

Motivational speaker remanded for two days over alleged child sexual harassment in Kangar

Malaysia

Police probe possible murder of Form Four student found dead in Yong Peng school

Malaysia

Mentally disabled suspect remanded for 7 days over fatal hammer attack in Marang

Malaysia

Another desperate attempt by Nadzaruddin and former Undangs