KUALA LUMPUR - The Goverment has denied claims that Employees Provident Fund (EPF) monies are being used to cover 1Malaysia Development Berhad's (1MDB) debts.
Deputy Finance Minister Datuk Johari Abdul Ghani said that EPF had not made any direct investment in 1MDB.
"This is not true and there is no such thing," he said when replying a question raised by Datuk Seri Abdul Ghapur Salleh (BN-Kalabakan) in Parliament Wednesday.
However, Johari clarified that EPF had invested in bonds of power producers Jima Energy Ventures Sdn Bhd and Panglima Power Sdn Bhd, which belonged to 1MDB.
"However, EPF's investments into the two companies were done before they were acquired by 1MDB," he added.
He was responding to Ghapur's quiry on claims that the Government was dipping into EPF to "cover 1MDB's holes".
He also allayed concerns raised by Nurul Izzah Anwar (PKR-Pantai Dalam) over the RM1.52bil bond investments.
Johari Abdul Ghani
He noted the return rates on the bonds invested were between 7.7% and 9.85% for Jima Energy and 8.25% and 8.35% for Panglima Power.
He added EPF's investment in the bonds were not jeopardised as they enjoyed triple AAA and double AA ratings.
Johari assured lawmakers that EPF adopts strict guidelines and long-term strategies to ensure that their investments were protected to yield returns for its members.
"The EPF ranks the seventh best in the world after Japan, Norway, South Korea, China, Canada and Singapore," he said, adding that EPF had a total of RM667.21bil in its coffers. - ANN


Sebelum saya ceritrakan kisah hudupku terlebih dahulu perkenalkan nama saya Pak Kusniadi. Dari Bogor. saya hanya ingin berbagi ceritah dengan kalian semua para penggilah togel, awalnya itu saya hanya kuli bagunan,punya anak dua,dan istri saya hanya penjual syayur keliling dikampung kami , ekonomi kami sangat pas-pasan, hutan tambah numpuk, anak saya juga butuh biaya sekolah,hidup ini bener-bener susah.Tapi akhirnya ada teman saya yang bilang bila mau merubah nasib coba hubungi nomor hp MBAH JEJE TRIJAYA katanya dia bisa membantu orang yang lagi susah. jadi saya lansung hubungi MBAH JEJE TRIJAYA, dan saya menceritakan semuanya, tenteng keluarga kami akhirnya saya di kasih angka ghaib [4d,] sudah 3x putaran tembus,dengan adanya MBAH JEJE TRIJAYA,saya sekeluarga bersukur semua utang saya lunas bahkan sekarang saya sudah buka usaha. silahkan anda buktikan sendiri insya allah anda tidak akan kecewa dari angka ghaib MBAH JEJE TRIJAYA bagi yang berminat hubungi MBAH JEJE TRIJAYA di nomor ini: 0823 3737 6471 dan saya sudah buktikan sendiri angka ghaibnya demih allah demi tuhan...ini kisah nyata dari saya,terima kasih.
ReplyDelete