MP sug­gests dept to deal with busi­ness, in­vest­ment scams

The Borneo Post - - HOME -

MIRI: Miri MP Dr Michael Teo has ex­pressed his con­cern about the un­healthy growth of var­i­ous busi­ness scams hap­pen­ing here, es­pe­cially those done through the in­for­ma­tion and com­mu­ni­ca­tions tech­nol­ogy (ICT) as well as so­cial me­dia.

“Busi­ness and in­vest­ment scams, which are clas­si­fied un­der com­mer­cial crimes, are not some­thing new to the coun­try as other coun­tries are also fac­ing the same prob­lem.

“Thus, there is a need for us to have a spe­cific de­part­ment to mon­i­tor closely this sub- cat­e­gory of com­mer­cial crime,” he told re­porters dur­ing a press con­fer­ence at the con­fer­ence room of Parti Kead­i­lan Rakyat ( PKR) Miri of­fice yes­ter­day.

Dr Teo, who is the party’s branch chair­man, be­lieved that the gov­ern­ment through its rel­e­vant au­thor­i­ties had done its part in ad­dress­ing this prob­lem.

Still, he felt that the gov­ern­ment should in­ten­sify its ex­ist­ing ef­forts in putting a stop to th­ese shady busi­ness and in­vest­ment schemes.

“The gov­ern­ment should also run more pub­lic talks on busi­ness and in­vest­ment scams to give aware­ness of the need to check the sta­tus of com­pa­nies through re­li­able sources such as Min­istry of Do­mes­tic Trade, Co­op­er­a­tives and Con­sumerism ( KPDNKK) be­fore pro­ceed­ing to in­vest,” he said.

PKR Women na­tional vice- chief Voon Shiak Ni said scam­mers nowa­days ‘are more ad­vanced in their tac­tics’.

“To con­vince po­ten­tial in­vestors, they would set up a com­pany and white­wash it – show­ing only the im­pres­sive parts.

“The scam­mers even show clients their busi­ness in­vest­ments have close links with rep­utable fi­nan­cial in­sti­tu­tions.

“This is what the pub­lic should be care­ful of,” she said.

At the same press con­fer­ence later, Miri PKR Youth chief Steve Teo Jia called for ef­forts to make the Labour Of­fice on the top floor of the Fed­eral Com­plex here more user-friendly.

“The Fed­eral Com­plex is a four­storey build­ing. PKR Miri has been re­ceiv­ing com­plaints, par­tic­u­larly from those with mo­bil­ity prob­lem strug­gling to go up the stair­case to the of­fice.

“I feel the man­age­ment should look into the mat­ter. They could pro­vide lifts or move the Labour Of­fice to the ground level,” he sug­gested.

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