THE RISK OF ACQUIRING RHB BANK BY EMPLOYEE PROVIDENT FUND

Abstract

The acquisition of RHB by Employee Provident Fund Organization (EPF) has sparked concerns due to increased risks in exchange for lower investment returns. This caused DAP to urge the Department of Finance to scrutinize the acquisition, emphasizing the need for professional and sensible handling of EPF contributions. They assert that the acquisition poses potential significant losses for EPF. This call for examination underscores the importance of maintaining prudence in financial decisions affecting the EPF. Thus, this paper
serves as a case study, aiming to provide insight into how EPF officers navigate crises and manage their plans.