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New: Harsher penalties for mule accounts in crackdown on scams

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KUALA LUMPUR, July 9 — The government has tabled amendments to the Penal Code and Criminal Procedure Code, introducing harsher punishments for those allowing their bank accounts to be used for illegal purposes like scams. Minister Datuk Seri Azalina Othman Said presented the Bill in the Dewan Rakyat, which will be debated this session.

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Harsher penalties

The amendments propose doubling the maximum jail term from five to ten years and increasing fines up to RM150,000 for such offences. New sections, 424A, 424B, 424C(1), and 424C(2), target specific unlawful transactions and account misuse, imposing severe penalties on account mules and scammers.

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