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Prime Minister Anwar Ibrahim has called for a balanced evaluation of the Retirement Fund's RM12.9 billion net profit performance, defending its investment strategy alongside global institutional players despite the eFishery controversy.
KWAP's substantial losses from its eFishery investment in Indonesia expose serious governance gaps. The Finance Ministry must provide clarity on actual losses, investigate why safeguards failed, and implement concrete reforms to protect public retirement savings.
Prime Minister Anwar Ibrahim has ordered a full Malaysian Anti-Corruption Commission investigation into the Retirement Fund's aquaculture technology investment in eFishery, vowing zero tolerance for any fraud or corruption.