Dr Sim promises to alert Finance Ministry on rampant internet banking frauds

Wee talking about the recent issue of unauthorised transaction frauds on his Facebook live session today (June 11, 2022).

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By Ling Hui

KUCHING, June 11: Deputy Premier Dato Sri Dr Sim Kui Hian will bring to the attention of the Finance Ministry the distress and anxiety of the people amid the rising cases of unauthorised internet transactions in Sarawak.

Kuching South City Council (MBKS) mayor Dato Wee Hong Seng said he had a discussion with Dr Sim yesterday (June 10) and the latter promised to voice out to the Finance Ministry as soon as possible.

“He (Dr Sim) said he will bring this issue to the Finance Ministry and voice out for the people their concerns over the security of their savings in banks.

“This is the right way of doing things, take action immediately to solve the issue, instead of discussing it in the newspapers,” he said during his weekly ShallWeeTalk Facebook live session today.

In his personal opinion, Wee said the banks should be held responsible for such cases of fraud whereby the fraudsters transfer money from the victims’ accounts without their knowledge.

He also held that credit card issuers should not charge interests on the victims when credit cards are compromised.

“I think they (the banks) should deal with this issue with the same mentality. The banks were the ones who authorised the transactions to the fraudsters.

“Then, isn’t It only right if the banks take the resonsibility? Because the account holders were not even notified of the transactions,” he said.

When the world including Malaysia is all talks about digitalisation, Wee held that there should be proper policies in place to address financial scams and protect the people’s hard-earned money. — Dayakdaily