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

Slight drop in Sarawak flood evacuees as 10 relief centres remain open
‘Bersatu did not sabotage PAS in Perlis’, Muhyiddin denies traitor accusations
Malaysia’s energy balancing act
NFA decision in Zahid’s case not arbitrary, says AG
Police bust round-the-clock drug dealer
Ruler wants firm action against immoral activities in S’gor
‘It was like an earthquake’
Calls grow to punish offenders in foreign cars abusing fuel subsidy
Safety fears grow over elephant intrusions
Floods and landslides shut schools in Sabah, S’wak

Others Also Read