WE refer to the report “Cooperative Commission to investigate scam allegations” (StarBiz, June 11) on the statement by the Malaysia Cooperative Societies Commission that it would investigate allegations that certain cooperatives are involved in a syndicated loan scam, falsifying payslips for civil servants and employees of government-linked companies.
“The scams reportedly also involve loan payouts of only 50% of the amount that was applied for by civil servants with even their ATM cards being confiscated.”
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