COPE recommendation: Investigate EPF fully
Monday, 7 November 2016
Monday, 7 November 2016
The COPE report on the bond scam in the Central Bank from February 2015 to May 2016 has come up with, among others things, a very strong recommendation relating to EPF.It has recommended in both the main report and the dissenting report with footnotes that the activities of EPF from around 2010 until May 2016 should be fully investigated to ascertain irregularities in investments, improprieties, malpractices and losses to members.
EPF’s buying at high prices in the secondary market
