Tiong wants full force of law on illegal money exchange, remittance ‘middleman’

File photo for illustration only. Photo credit: Pixabay

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KUCHING, Jan 21: Bintulu MP Dato Sri Tiong King Sing has urged police to take immediate action on an illegal foreign currency exchange dealer who acted as a “middleman” after dozens of Chinese workers were allegedly cheated in the scheme.

According to Tiong, dozens of Chinese workers at the Samalaju Industrial Park have engaged the services of a “middleman” introduced to them by a friend to convert their wages into Chinese yuan or renminbi at a more favourable exchange rate and to remit the cash to China.

“However, this middleman did not remit the funds he had received to the bank accounts in China with all sorts of excuses and evaded the workers’ requests to return the money.


“As far as I am aware, the amount involved has run up to several million ringgit. The workers have lodged a police report even though the middleman had promised to pay the amount back in two installments as nothing was forthcoming until now,” he said in a statement today.

Tiong, who is also Prime Minister’s Special Envoy to China, had also reported this case to the Bintulu District Police Chief Supt Zulkifli Suhaili.

He urged the police to find the middleman to assist in the investigation and get to the bottom of the case.

“I hope people of Bintulu will cease these deceitful acts of cheating and prevent similar cases from occurring,” he called out.

Tiong also warned that those who deliberately violate the law will face the full force of the law in Sarawak.

“No one is allowed to carry out currency exchange business without a license from the government,” he added. — DayakDaily