Ministry to discuss ING’s appeal for compensation


KUALA LUMPUR: The Finance Ministry will discuss with Bank Negara ING Insurance Agency Force Association Malaysia’s (INGIAFAM) request for a fair compensation for agents from the ING Groep NV’s (ING) Asian units’ sell-off exercise.

“They have submitted a memorandum on their request and the ministry will discuss with Bank Negara on this matter as I was informed by the members that the central bank did not agree to it,” Deputy Finance Minister Datuk Donald Lim Siang Chai told Bernama after opening INGIAFAM’s new office building on Saturday.

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