EPF US investment decided by panel not politicians, says Najib


Jason Santos

Prime Minister Najib Razak arriving at the Malaysia Day celebration in Kota Kinabalu tonight. Najib says the decision to invest in the United State was made by a committee that has yielded better dividends for EPF contributors. – The Malaysian Insight pic, September 16, 2017.

THE Employees’ Provident Fund’s move to invest between US$3 billion and US$4 billion in infrastructure redevelopment in the United States was not a political decision but was made by an investment committee, said Prime Minister Najib Razak. 

“The decision was not made by politicians but by a committee which has successfully yielded better dividends for EPF contributors,” he said in his address during the Malaysia Day celebrations in Kota Kinabalu tonight.  


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Comments


  • Instead of investing in USA's infrastructure, EPF should buy over PLUS infrastructure from UEM. Then all the profits go to EPF contributors, the rakyat.

    Posted 6 years ago by Malaysian First

  • An audacious statement by the clueless PM. If EPF is doing so good and yielding better dividends for contributors WHY for many a years the dividends for contributors have yet to see anything above 7.5%. Are they being short changed??.

    Posted 6 years ago by Lee Lee

  • So where did the 3B-4B commitment figure came from? EPF or U?

    Posted 6 years ago by Jimmy Jimmy