KUCHING, Feb 12: Special Assistant to Democratic Action Party (DAP) Sarawak chairman Chong Chieng Jen, Michael Kong, reminded the public to conduct proper checks to ensure a business is legitimate before investing in it.
In a statement today, Kong said it is important that everyone exercise caution when entrusting their life savings to others.
He said he recently met with a man from Sibu, known as Mr Ngu, who, in 2016 and 2017, entrusted his hard-earned money to a business partner.
He said Ngu had put close to RM1 million of his life savings with hopes to collaborate in business ventures together.
“After getting no news about the business ventures or any returns, Ngu suspected something was afoul and proceeded to demand answers on the whereabouts of his money.
“No proper or detailed explanation has been given, and Ngu was left with no option but to lodge a police report. Till today, there is no update from the police on the investigation of this operation,” he said.
Kong also assured that he would be assisting Ngu in exploring what could be done to help him recover his hard-earned money. — DayakDaily
