No freeze on withdrawals, says EPF

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KUALA LUMPUR: The Em­ployees Provident Fund (EPF) yesterday reiterated that the process for withdrawals was running as usual at all its branches.

“Members interested in making a withdrawal can proceed to do so,” it said, adding that applications would be processed accord­ing to members’ eligibility but subject to terms and con­ditions for each withdrawal scheme.

The Malaysian national pension fund was respond­ing to rumours circulated over the Internet on the freezing of EPF withdraw­als.

“The EPF wishes to ad­vise members that the al­legation is not true,” it said in a statement yesterday. — Bernama