Banks may pay the price


Hefty sum: Anwar said RM1.224bil in losses to online scams were recorded between January and October this year.

New law mulled to enforce liability for scams if negligent

PETALING JAYA: Banks may soon be held responsible for losses suffered by online scam victims if the losses are due to the banks’ negligence or disregard of regulations.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Parliament , #JanganKenaScam

Next In Nation

Court of Appeal reduces damages in Altantuya lawsuit to RM1.38mil
Five million to receive STR starting today, says PM Anwar
Home Ministry pledges commitment to royal decree on national security
Two ferries destroyed in Langkawi shipyard fire
Johor fast gaining traction as medical tourism destination
Khaled:�Keep Armed Forces postings secret
Online safety can’t be done ‘in one shot’
The healing hub of Asean
Not easy feeding kids nowadays
Two caught�in unpaid tax web

Others Also Read