Home > News > Nation
Wednesday August 20, 2014 MYT 12:00:00 AM
Wednesday August 20, 2014 MYT 11:18:37 AM
by tashny sukumaran
PETALING JAYA: Seven people have been fined a total of RM8,700 by the courts for making fradulent Employees’ Provident Fund housing withdrawals this year.
EPF head of corporate affairs Nik Affendi Jaafar said it did not deny the involvement of syndicates or third parties who helped “desperate members” withdraw from their EPF savings through fraudulent means.
“EPF takes fraudulent claims by members seriously and will not hesitate to take legal action against dishonest members,” he said in a statement here yesterday.
“These members will be under our close watch. Those who fail to return the amount after six months from the conviction date will ultimately lose their right to make the particular withdrawal forever,” he said, adding that EPF had a system in place to detect and identify members who made fradulent withdrawals.
He also warned members in financial distress to be wary of syndicates promising assistance in withdrawing their EPF savings.
EPF members can report any cheating or fraudulent withdrawal by calling the Anti-Fraud Hotline during working hours from Monday to Friday at 03-2616 2121.
Tags / Keywords:
Courts Crime, fraud, epf
Halloween bash goes on despite protests
Tribunal resolves issue involving Malaysia-Singapore joint venture company
Daily summonses for illegal pyrolysis operators, says Mah
Traders gear up for roaring business during Cup final
Two injured after Kedah hit by another 'twister'
Nip religious extremism in the bud, says church leader
Expedia report shows Europeans would give up some frills to fly cheaply
Samsung seeks China comeback with first metallic smartphones
Copyright © 1995-2014 Star Publications (M) Bhd (Co No 10894-D)