RM850 million lost in scams targeting pensioners, says Ahmad Maslan


Deputy Finance Minister Ahmad Maslan says he hopes the Retirement Fund (Inc) will continue spreading awareness of scams and fraud syndicates among government retirees.. – The Malaysian Insight file pic, June 20, 2023.

TWENTY thousand government retirees have fallen victim to scammers, involving losses of RM850 million, said Deputy Finance Minister Ahmad Maslan. 

He said the government hopes the Retirement Fund (Inc)(RFI) will continue educating and raising awareness among pensioners to ensure they do not fall victim to fraudsters.

“The cooperation of various parties is crucial to finding a sustainable and comprehensive solution to tackling this problem,” he said in his speech at a memorandum of understanding renewal and launch of an integrated system between the Public Service Department, RFI and Public Sector Home Financing Board. – Bernama, June 20, 2023.


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