Earlier in an article published in The Edge on 11 August 2025 headed “Entrepreneur Development Ministry to investigate Koperasi Khazanah Usahawan over alleged high-return investment scheme”, Ko-Khawan wishes to clarify a few points below.
We understand that there was a question raised in a parliamentary seating, where YB Khoo highlighted a point on the matter relating to 12% of its possibility of being viewed as a “high return”, which in our view, is not.
We wish to state unequivocally that this Return is exclusively available to our registered cooperative members, is subject to clearly defined terms and conditions, and does not offer to public. One point to highlight is that it is not an investment scheme, but a specific savings as permitted under the Cooperatives Societies Act 1993.
All Returns are the result of rigorous financial assessment and are benchmarked against key
factors, including inflation rates, prevailing market norms and acceptance, and the longterm sustainability of our business model. Our Koperasi remains committed to ensuring that all offerings are both competitive and responsibly structured in the best interests of our members.
We also wish to highlight all Returns are supported and backed by the business model of credit facility that has been decade-long in existence in our country, recognised by SKM and ANGKASA.
Ko-Khawan is a Cooperative primarily carrying out the business function of providing loans
service to Malaysian Government Servants with funds from our members. We are an approved entity by SKM and ANGKASA to carry out this function for the benefits of our members.
We apologize if we are in any manner causing confusion and we welcome any of our members actively seek clarification with us if unclear.
