Budget 2024: National Scam Response Centre allocation doubled to RM20mil

KUALA LUMPUR: The National Scam Response Centre (NSRC) allocation has been doubled under Budget 2024, from RM10mil last year to RM20mil.

Tabling the Budget in Parliament on Friday (Oct 13), Prime Minister Datuk Seri Anwar Ibrahim said the NSRC had responded to more than 49,000 calls and froze about RM60mil in transactions since it was set up last year.

He also said Bank Negara Malaysia was working with the financial sector to develop a National Fraud Portal, expected to be completed in the middle of next year, to expedite the detection, freezing and repatriation of funds involved in fraudulent activities.