KUALA LUMPUR: RHB Banking Group has today refuted allegations made by a portal Sarawak Report implicating its involvement in an alleged financial scandal involving the Employees Provident Fund and various other parties.
In an article by Sarawak Report on Wednesday, it cited sources as indicating that US$1.6 billion was transferred from the EPF into an RHB dollar account of an entity named TJJR Diversified (M) Sdn Bhd.
“Sources have indicated that this staggering sum derived from EPF was transferred in January into the RHB dollar account in Kuala Lumpur of a little known entity named TJJR Diversified, a company owned and directed by one woman, supposedly charged with coordinating a major hospital project supported by EPF and the Ministry of Health,” the article said.
RHB, in its statement, said: “RHB Banking Group refutes the allegation made by the Sarawak Report on its website and Facebook yesterday which implicates RHB Bank.
RHB would like to state that the allegation therein is baseless and untrue.”
The EPF had earlier on Wednesday “strongly” refuted the allegations.
“The EPF has never had any dealings nor entered into any agreements of any sort with Limage Holdings SA, Limage Southwest Holdings, the individual known as Mr Matrai nor any parties as stated by the Sarawak Report.
“As such, no transfer of bonds nor funds of any kind to any of the aforementioned companies, parties or individual could have occurred as alleged,” it said.