Kuching: A widening fraud case involving a Bank Simpanan Nasional (BSN) officer has intensified public scrutiny of the bank’s governance, after 73 victims reported losses exceeding RM11 million.
The scale of the alleged deception has prompted mounting pressure on authorities and BSN leadership to address what is increasingly viewed as a serious institutional failure.
Last Saturday, Dr Alex, his wife, and his sister participated in a police identification parade at the Tabuan Jaya Police Station.
The family, who lost RM700,000, is among those who allege they were persuaded into investing in a fictitious product presented as an official BSN offering.
Special Assistant to Stampin MP Chong Chieng Jen, Michael Kong Feng Nian, who accompanied the victims, expressed grave concern over the consistency of accounts provided by those affected.
“Many other victims were also present, and from our discussions, it was clear that the same modus operandi was used in every case.
“This reveals a serious breach of trust exploiting the good faith of ordinary Malaysians trying to grow their hard-earned savings,” Kong said.
The BSN officer implicated in the matter remains under remand until today (8 December 2025), as investigations continue.
Kong reaffirmed that his office will continue to support victims and will closely monitor the case.
“We will continue to assist Dr Alex and his family, as well as the other affected victims, in every way possible to ensure they receive the justice and restitution they deserve.
“At the same time, we will continue to monitor developments closely and stand firm with the victims in their pursuit of justice,” he said.
Kong urged the authorities and BSN to expedite investigations, safeguard evidence, and ensure that all those affected are promptly compensated.
