Treasury sec-gen to head committee on Tabung Harapan’s RM202 million

Ahmad Badri Mohd Zahir, treasury secretary-general. (Bernama pic)

PETALING JAYA: Putrajaya has appointed Treasury secretary-general Ahmad Badri Mohd Zahir to chair a special accounts committee that will decide how money collected for the Tabung Harapan Malaysia (THM) would be used.

Finance Minister Lim Guan Eng also announced that a total of RM202,716,775.10 was collected up to Jan 14 for the fund, which was launched by the PH government soon after taking over power in May last year.

The fund is governed by the Financial Procedure Act 1957, and allowed the public to help the government settle some RM1 trillion in debts.

“The federal government conveys its highest gratitude and appreciation to all Malaysians who contributed to THM,” Lim said in a statement.

“Their contribution reflects their loyalty and love for their beloved country.”

Putrajaya had initially announced the fund’s closure on Dec 31, but later extended it to Jan 14.