(From left) Lee Ping, Abun Sui and Dr Teo pose for a photo together with the police report after lodging it at the Miri Central Police Station.
MIRI: Miri MP Dr Michael Teo Yu Keng has lodged a police report against a bank here after two of its officers allegedly scammed him of $272,893.84 in Singapore dollars (SGD) from his fixed deposit account.
Dr Teo was accompanied by his lawyer Abun Sui and financial clerk Lee Ping to the Miri Central Police Station to lodge a police report at about 2pm today.
“I have made a police report against the bank and the two officers that scammed my money which was kept in the bank, “ he told members of the media.
In the report, Dr Teo claimed that he kept SGD$272,893.84 in a fixed deposit account in the bank in 2014 and was subsequently approached by two of its officers to reinvest his money there for another two years for a better interest rate of 7.1 per cent with a maturity date of April 4, 2016.
“Two years after maturity date and now in 2020 the money has disappeared in (sic) the bank and cannot be taken out,” his report read.
“After almost six years, I don’t know where my money is now and today I lodged a police report for Bank Negara and the police to investigate the case promptly,” he explained.
Dr Teo also claimed that he was “not the only one” being scammed by the bank, but there were also others in Miri.