By: andrew

Can’t really understand where all those money gone ? With billions ‘donated’ to the ruling regime, why are they still hungry for our EPF money ? Why dip those dirty fingers into our EPF coffer ? Something is definitely very wrong with EPF ways of investment. How can the annual returns be about 4-5% only, whereas fund like ASN is being paid around 8-10% or more ?

Who select those board members in EPF and who oversees them in the investment area ? Without paying any more subsidy for petrol, there is so much savings and why allow them to take 5 billion out of EPF fund for ValueCap ? Our future at stake when these amount can’t be paid back or need to be written off as that will directly have an impact on those yearly pay out on percentage.