SINGAPORE (Mar 5): Malaysia’s Employees Provident Fund (EPF) has denied that billions of ringgit have been siphoned off in dealings with several parties as claimed by the online blog Sarawak Report.

“As such, no transfer of bonds nor funds of any kind to any of the aforementioned companies, parties or individual could have occurred as alleged,” the EFF said in a statement on Feb 28.

Any schemes of such nature would not pass its “strong and robust governance framework”, added the fund.

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