MTUC: Unjustifiable to invest EPF funds to strengthen US economy - Nation - News Summed Up

MTUC: Unjustifiable to invest EPF funds to strengthen US economy - Nation


PETALING JAYA: The Malaysian Trades Union Congress (MTUC) has objected to the plan to invest RM17bil from the Employees Provident Fund (EPF) in the United States. Solomon expressed MTUC's dismay with the Malaysian Government for committing to invest RM17bil from EPF to strengthen the US economy. "Does the US, a super power and the world's largest economy, really need the retirement funds of Malaysians to strengthen its economy?" He added that the Government should not ignore its priority towards its own people, especially when it comes to workers' welfare and their monies. He said unfortunately, MTUC has not received a response, but learnt from the press and social media about the plan to invest EFP monies to strengthen the US economy.


Source: The Star September 15, 2017 07:18 UTC



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