Energy ministry to set up committee to curb electricity theft linked to crypto mining


KUALA LUMPUR: Malaysia’s Energy Transition and Water Transformation Ministry has established a multi-agency committee to tackle electricity theft linked to cryptocurrency mining operations, says its Deputy Minister Akmal Nasrullah Mohd Nasir.

Akmal told Parliament that the committee would include representatives from the Finance Ministry, Digital Ministry, Home Ministry, Bank Negara and the police, and will examine policy, legal and cross-agency issues related to fraudulent power use.

“The committee will also facilitate matters that require intervention at the policy level to curb electricity theft.

“Instead of viewing this only from the enforcement angle, the committee will adopt a holistic approach,” he said during the committee-stage winding-up of the 2026 Supply Bill for Petra on Wednesday (Nov 19).

The first meeting will be chaired by Akmal later this year.

He said any need to develop a policy to ban cryptocurrency-related activities or strengthen the Electricity Supply Act 1990 (Act 447) would be studied before being submitted to the Cabinet for consideration.

Parliament later approved the ministry’s RM5.19bil operating and development allocation under Budget 2026 via a voice vote.

 

 

 

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