Kuala Lampur, Sept. 5 -- The recently declassified Royal Commission of Inquiry report on Lembaga Tabung Haji (LTH) is more than an account of past financial and investment problems.

It offers an important lesson on what can happen when governance is weak, controls fail to challenge decisions, and accountability becomes blurred.

For an institution entrusted with the savings of millions of Malaysian Muslims, these issues go directly to the heart of public trust.

The RCI identified several interconnected weaknesses, beginning with the governance structure itself. First, it highlighted the broad powers vested in the responsible minister under the Tabung Haji Act 1995 and the lack of sufficiently specific professional requirements for board...