Enforcement Action - Financial Fraud Alert
Bank Negara Malaysia established the Special Investigations Unit (SIU) in 1986 to conduct surveillance and investigate illegal financial schemes. This Unit, now expanded and known as Financial Intelligence & Enforcement Department (FIED), essentially conducts search and seizure operations, and interview of witnesses to gather pertinent information towards successful prosecution of offenders.
The Bank takes seriously of such criminal offences and those breaking the law will be investigated and prosecuted. The Bank will not hesitate to take action against any illegal perpetrators.
The Bank maintains close working relationships with the Attorney General's Chambers as well as with other enforcement agencies such as the Polis Diraja Malaysia, Companies Commission Malaysia, Cooperatives Commission of Malaysia, Securities Commission Malaysia, Malaysian Anti- Corruption Commission, the Royal Customs of Malaysia, Ministry of Domestic Trade, Co-operatives and Consumerism and CyberSecurity Malaysia (formerly known as National ICT Security and Emergency Response, NISER).
Click on the links below to view the companies and individuals that have been charged, prosecuted and convicted for various illegal financial activities under the laws governed by the Bank: