Five EPF contributors found guilty of fraudulent withdrawals

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KUALA LUMPUR: Five contributors of the Employees Provident Fund (EPF) were convicted by the courts between January and March for making or attempts at making fraudulent withdrawals.

Charged under Section 59 of the EPF Act 1991, the offenders were fined a total of RM10,500 for offences relating to EPF housing withdrawals.

EPF general manager for public relations Nik Affendi Jaafar said the court action validated EPF’s commitment in combating fraudulent withdrawals among members as well as reiterated its zero-tolerance policy towards fraud of any kind.

“Members are strongly cautioned against ever getting mixed up in fraudulent withdrawals as EPF processes are carefully designed to allow it to detect members who have made fraudulent withdrawals even after the savings have been succesfully withdrawn.

“Those involved will be reported to the police and will face legal consequences,” he said in a statement yesterday.

EPF Anti-Fraud hotline can be reached at 03-2616 2121 during working hours from Monday to Friday. — Bernama