Is Team Azeez still pulling the strings at Tabung Haji
and its subsidiaries, including TH Properties.
As reported yesterday on this blog Tabunbg Haji's Australian JV partner has contacted this writer in an attempt to remove articles about Tabung Haji's JV in Sydney.
Readers may recall that Tabung Haji and TH Properties responded with a statement that said, among other things:
Lembaga Tabung Haji argued that all investments directly made by TH Properties were sourced from internal funds.
That claim has been disputed by this writer, given Tabung Haji's cashflow problems that were evident from its financial statements:
Tabung Haji bleeding billions in cash -Evidence from TH's audited cash flow statements has been available since at least 2016
Govt to bear more than RM10.3b losses in Tabung Haji's rescue plan, if assets depreciate