Nation

Banks may pay the price

By MARTIN CARVALHO
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.

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

Next In Nation
Over 1,000 displaced as floods worsen in Sabah’s north, Pitas emerges as worst-hit
'Don't shoot the messenger', says Nurul Izzah in urging authorities to probe allegations into MACC chief's alleged shareholdings
Anwar holds talks with Singapore PM Lawrence Wong
ROS refutes allegations of power abuse by MIPP
Cops on the hunt for duo who broke into Sitiawan mosque, stole from donation boxes
116 Bazaar Ramadan Rahmah to be held this year, says Fuziah
Malaysia looks forward to close cooperation with new Bangladesh leadership, says Anwar
More than a gimmick, 'roti pocong' a hit at Paroi Ramadan bazaar
Melaka assembly may dissolve in April, state poll expected in June
Plight of two families in Banting fire draws Anwar's attention

Trending in News

Others Also Read

Load more

Copyright © 1995- Star Media Group Berhad [197101000523 (10894-D)]

Best viewed on Chrome browsers.