According to statement issued by the retirement fund on Friday, it said that a a statutory body, the EPF is governed by its board, whose members include representatives from employees, employers, industry professionals and the government. Final approval is then obtained from the investment panel, comprising senior members of EPF Management, industry professionals and the government. As a statutory body, the EPF is governed by its board, whose members include representatives from employees, employers, industry professionals and the government. The board ensures that the EPF carries out its responsibility to safeguard the interest of its 14 million members. Click on link to the EPF's statement: http://www.kwsp.gov.my/portal/documents/10180/4230235/EPF_Investment_Decision_Framework_15.09.2017.pdfClick on link to read Khazanah Nasional Bhd's statement: http://www.thestar.com.my/business/business-news/2017/09/15/khazanah-invested-rm1pt72b-in-us-esp-tech-sector/
Source: The Star September 15, 2017 03:45 UTC