Opposition lawmaker Wan Ahmad Fayhsal Wan Ahmad Kamal (PN-Machang) has questioned the high dividend payout by the Employees Provident Fund (EPF), alleging that the move could be aimed at currying favour among the public.
Despite the 6.3 percent dividend being the highest in seven years, he said this is irrelevant as the total payout of RM73.24 billion consumes almost all of EPF’s RM74.46 billion investment income for 2024.