Tabung Haji chief executive officer Johan Abdullah today declined to comment on claims that the pilgrimage board's subsidiary, TH Heavy Engineering Bhd (THHE), suffered a whopping RM554 million in losses.
Instead, he urged the media to wait for the subsidiary's announcement on the allegations made by PKR vice-president Rafizi Ramli.
"We can't elaborate on this. I understand the company will make an announcement on this soon, because it is a public-listed company," he said.
"I believe there will be new developments on the issue today or tomorrow," he told reporters at the officiating ceremony of Yayasan Tabung Haji at Hotel TH Kelana Jaya.
He was asked to respond to Rafizi's allegation that THHE suffered massive losses and that RM740 million of public funds was used to bail out THEE.-Mkini
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