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
Zahid: Some drug addicts as young as seven years old
Hisham: Act necessary to stop militants
Liow: Up to next of kin to decide on visiting MH17 wreckage
Minister: Price reduction campaign to continue despite fuel hike
Malaysians abroad share how they celebrate our local festivals
8 Incredible food and wine adventures you can do in Australia!
Hindu cemetery de-gazetted
Music streaming: Free is the key
Tohoku – where Japan’s past and present co-exist
Copyright © 1995-2015 Star Publications (M) Bhd (Co No 10894-D)