RM11.2 billion unclaimed money, 70% of it in dormant bank accounts


Ravin Palanisamy

About 11.2 billion of unclaimed money is under the management of the Accountant-General’s Department. – The Malaysian Insight file pic, May 24, 2023.

ABOUT RM11.2 billion of unclaimed money is under the management of the Accountant-General’s Department, Deputy Finance Minister Ahmad Maslan told parliament today.


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Comments


  • I had some money in BSN and it was transferred to Dormant account after 7 years. I did a claim and the amount paid was just exactly what it was on the pass book . without interest for the 7 years before the amount was transferred to dormant. I returned the cheque and pose that question and it's been umpteen years... silence. It looks more like an organised scam than protecting our accounts...

    Posted 10 months ago by Pung andrew