Latest news with #RM135
The Star
11-06-2025
- The Star
Four charged in Sabah for alleged role in multi-million ringgit investment scam
KOTA KINABALU: Four suspects have been charged at the Sessions Courts here for allegedly allowing their bank accounts to be used for scams and non-existent investment schemes. Their actions allegedly caused a childcare centre owner in Penampang over RM2mil in losses from transactions made in 2024, the court heard on Wednesday (June 11). No pleas were recorded from the four accused: Vincent Chia, 20; Maggie Neoh, 39; Wilson Anak Penchen, 40; and Nurul Mazidah Badrol Hisham, 34. Their charges were read before Sessions Court judges Marlina Ibrahim, Hurman Hussain, Amir Shah Amir Hassan and Elsie Primus. According to the facts of charge, Chia was involved directly in transactions amounting to RM135,000 in his personal account between Dec 10 and Dec 18, last year. Neoh was accused of committing the same offence where she allegedly received RM39,000 on Dec 14, while Wilson received RM111, 668 from Dec 25 up to Jan 7, this year, and Nurul RM19,000 on Dec 17. They were all charged under Section 424C (1) of the Penal Code for engaging in transactions using one's own payment instrument or financial account without lawful purpose. If convicted, they could be jailed between three and 10 years and fined at least RM10,000 or up to RM150,000, or both. The court set July 10 for case mention for Chia, July 8 for Neoh and July 10 and July 31 for Wilson and Nurul, respectively. Earlier, the court heard that the victim lost over RM2mil after joining an investment scheme which she saw on a Facebook advertisement on Nov 26, 2024. She had contacted the representative of the so-called investment company and was attracted to the scheme. She made her payments and topped up her investments in a total of 53 transactions totalling more than RM2.17mil throughout her involvement in the scheme. She received RM6,600, a cellphone and several gold plates weighing 15g and 50gr as investment returns. The woman realised she had been scammed when her requests to withdraw a large amount of her 'profit' were denied, while she was compelled to top up her investments multiple times if she wished to withdraw. Police are still pursuing other members of the syndicate involved in similar scams.
The Sun
30-04-2025
- Business
- The Sun
Over RM27 million development projects approved for first quarter in Negeri Sembilan
SEREMBAN: The current status of development projects (expenditure) approved in Negeri Sembilan for the first quarter of this year from January to March is RM27,043,020.12 out of the approved allocation of RM135 million, the State Legislative Assembly (DUN) was told today. Menteri Besar Datuk Seri Aminuddin Harun said the highest 3-vote expenditure performance was recorded for the first quarter of the 2025 financial year (FY) for Vote P50 (Menteri Besar) with an expenditure percentage of RM22,109,690 or 49.13 per cent. 'Also Vote P63 (Islamic Religious Affairs Department) for RM1,311,850.17 with an expenditure percentage of 21.16 per cent and Vote P54 (JPS) RM1,316,469.25 with an expenditure percentage of 12.36 per cent,' he said at the DUN sitting here today in reply to a question from Datuk Seri Mohamad Hasan (BN-Rantau), represented by Datuk Zaifulbahri Idris (BN-Chembong), who wanted to know the current status of approved development projects for the first quarter of FY2025. He explained that the total number of projects recorded up to the first quarter of FY2025 based on the Development Vote was 361 projects. 'Regarding the physical status of the projects, 31 projects are in the 'not yet started' category, 177 projects are in (pre-implementation); 143 projects (in implementation); 10 projects (completed),' he said. Meanwhile, Aminuddin said the current balance of the state government's loan with the federal government is RM937,788,903.29, until Dec 31, 2024. According to him, since 2016, the state government has not had any new loans or debts with the federal government. 'Every year the state government without fail tries to pay off this debt according to the state government's ability or financial position where the current balance of the loan until Dec 31, 2024 is RM937,788,903.29. 'Meanwhile, the allocation for debt payments has been increased from RM1 million to RM3 million this year under the T04 liability vote - government debt payment. The RM3 million payment was also made on Feb 27,' he said in reply to a question from P. Gunasekaren (PH-Seremban Jaya) who asked about the status of the debt between the state government and the federal government.
Barnama
21-04-2025
- Business
- Barnama
Only 10 Pct Of Former Teachers Have Retrieved Unclaimed KWSG Contributions
GENERAL By Suraidah Roslan KUALA LUMPUR, April 21 (Bernama) -- Only 10 percent of former teachers who contributed to the Teachers Provident Fund (KWSG) between 1962 and 1972 have come forward to retrieve their unclaimed money from the Accountant General's Department as of April 2025. Tun Hussein Onn Teachers' Foundation (YGTHO) chief executive officer, Zahiruddin Mohammad Hanif, said this figure represents 185 former teachers or their heirs who have made claims. As a result, the unclaimed funds under the Unified Teachers Service (UTS) scheme have decreased to RM11.7 million from RM13.58 million in 2018, he said. 'Since the announcement in 2018, not many heirs have come forward. Out of 1,910 contributors, 1,725 have yet to make a claim. So far, fewer than 200 individuals have come forward, which is only about 10 percent. 'The contributors were UTS teachers who served between 1962 and 1972. They are not recipients of government pensions,' he told Bernama. He dismissed recent claims circulating online that the unclaimed KWSG contributions of former UTS teachers have reached RM135 million. Zahiruddin explained that contributions categorised as unclaimed funds remain with the Accountant General's Department, and may still be retrieved at any time. Commenting on the delay in claims, he said many families were unaware their relatives had contributed to the KWSG and outdated contact information makes it difficult for the foundation to reach them.
