PETALING JAYA: Police have uncovered a syndicate believed to have made illegal withdrawals from a provident fund and channelled the money into a savings account in a local bank.
Police discovered the illegal activity following the arrest of an Indonesian woman at a bank in Bandar Baru Sungai Buloh last Tuesday.
The woman had allegedly used a fake identity card containing the particulars of a 20-year-old girl from Johor to withdraw RM150,000 from a savings account.
Two men, who were said to be with her and had waited outside the bank, fled when they saw the police arresting the women at about 3.30pm.
Sources said the bank manager, who suspected something was amiss, had asked the security guard to detain the woman until the police arrived.
Initial investigations revealed that there was about RM400,000 in the girl's savings account.
Sources said the money had been credited into the account a few days ago by the provident fund.
The Indonesian woman in her early 30s, is said to have also applied for a RM100,000 bank draft after making the application to withdraw RM150,000.
District CID Supt Ahmad Razil Yaacob confirmed the arrest of the Indonesian woman and said commercial crime chief Asst Supt A. Muniandy was conducting the investigations.
“We are investigating to see if there is a breach in the provident fund’s security procedures and how the syndicate got the money banked into the syndicate’s fictitious account,”SP Razil said yesterday.
The Indonesian woman has been remanded and is helping police in their investigations.
It is learnt that police were also investigating how the syndicate could have access to the savings account of the girl from Johor.
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