The KL Sessions Court ordered Maybank to pay RM166,000 in damages to Chan Yan Li after unauthorized transfers drained her account. The court found inconsistencies in Maybank’s defense, ruling the suspicious transactions should have raised red flags. Maybank must also pay RM15,000 in costs to the plaintiff.
Maybank to pay RM166k in Fines
Social media users note that few individuals could persist like the victim, as five years is a long battle. Yet discussions remain active about scammers’ ability to infiltrate banking apps. Maybank’s online platform is regarded as one of the region’s most secure, leaving many shocked it was still breached.
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