Kong (left) and Dr Alex at the Tabuan Jaya police station.
KUCHING (Dec 6): Over 70 victims have come forward reporting losses exceeding RM11 million from the fraudulent investment scheme tied to a Bank Simpanan Nasional (BSN) officer, said Michael Kong.
The special assistant to Stampin MP Chong Chieng Jen said the “alarming figure” involved raised serious questions about internal controls and oversight within BSN.
“We have been informed that the bank officer in question is currently under remand until Dec 8,” he said in a statement following a visit to the Tabuan Jaya police station here.
Kong was at the police station accompanying three victims of the fraud — a Dr Alex, his wife and his sister — to attend an identification parade.
According to him, the family had collectively lost RM700,000 after the BSN officer allegedly misled them into investing in a bogus financial product.
Kong said many other victims were also present at the police station for the identification parade, and that it was clear from their discussions that the same modus operandi was used in each case.
“This reveals a serious breach of trust exploiting the good faith of ordinary Malaysians trying to grow their hard-earned savings.”
He said DAP will continue to assist Dr Alex and his family, as well as the other victims, in every way possible to ensure they receive the justice and restitution they deserve.
Kong also urged the authorities and BSN to expedite investigations, safeguard evidence, and ensure that all those affected are promptly compensated.
Dr Alex and his wife had on Nov 30 sought Chong’s assistance after discovering RM400,000 of their life savings had been transferred from their Amanah Saham Berhad and BSN accounts for what they believed was an investment in BSN’s Takaful Makmur.
The money, however, was never deposited into any legitimate account.
After their case came to light, more individuals came forward claiming they were similarly cheated by the fraudulent investment scheme linked to the BSN employee.
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