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New Straits Times
7 days ago
- Business
- New Straits Times
Sarawak collects RM4.3bil in first four months, eyes full-year target of RM14.2bil
KUCHING: Sarawak collected RM4.3 billion in revenue in the first four months of the year, or 30 per cent of its projected annual revenue of RM14.2 billion, Deputy Premier Datuk Amar Douglas Uggah told the State Legislative Assembly today. He said the state sales tax contributed RM1.76 billion of the total, while cash compensation in lieu of oil and gas rights accounted for RM1.17 billion. "A sum of RM608 million was derived from investment dividends, RM229 million from raw water royalty, and RM250 million from interest income," said Uggah, who is also the Second Minister of Finance and New Economy, during his winding-up speech in the State Assembly. He added that RM65 million came from forestry receipts, RM59 million from land premiums, RM25 million from federal grants and reimbursements, and RM137 million from land rent, mining royalties, and water sales. Uggah also told the assembly that the state sales tax on oil and gas has contributed a total of RM21.38 billion to the state coffers since 2019. He said the sales tax on oil and gas remains the major contributor to the overall state revenue. However, he said that given the challenging economic environment and ongoing geopolitical issues affecting global oil and gas markets, the state government anticipates that this year's revenue projection may be impacted.
The Sun
02-05-2025
- The Sun
Sandakan records RM4.3m losses in online scam cases
SANDAKAN: Police have reported 54 online scams in Sandakan within the first four months of this year, involving losses amounting to RM4.3 million. Sandakan police chief ACP Ahsmon Bajah said 170 such cases were recorded last year, with total losses reaching RM23.06 million. 'The victims come from various backgrounds, including professionals, business owners, and retirees. Most of them are aged between 31 and 50, with 61.11 percent being men and 38.89 percent women,' he said in a statement today. Ahsmon stressed that police take these crimes seriously and urged the public to remain vigilant. He also cautioned the public not to become money mules by allowing third parties to use their bank accounts. Those found involved may be investigated under Section 424 of the Penal Code, which carries a fine of between RM10,000 and RM100,000, imprisonment of one to seven years, or both, upon conviction.
The Sun
02-05-2025
- The Sun
Sandakan records RM4.3m losses from online scams since January
SANDAKAN: Police have reported 54 online scams in Sandakan within the first four months of this year, involving losses amounting to RM4.3 million. Sandakan police chief ACP Ahsmon Bajah said 170 such cases were recorded last year, with total losses reaching RM23.06 million. 'The victims come from various backgrounds, including professionals, business owners, and retirees. Most of them are aged between 31 and 50, with 61.11 percent being men and 38.89 percent women,' he said in a statement today. Ahsmon stressed that police take these crimes seriously and urged the public to remain vigilant. He also cautioned the public not to become money mules by allowing third parties to use their bank accounts. Those found involved may be investigated under Section 424 of the Penal Code, which carries a fine of between RM10,000 and RM100,000, imprisonment of one to seven years, or both, upon conviction.
New Straits Times
02-05-2025
- New Straits Times
RM4.3mil lost to online scams in Sandakan from January to April
SANDAKAN: Sandakan police recorded 54 online fraud cases involving losses of RM4.3 million between January and April this year. District police chief Assistant Commissioner Ahsmon Bajah said online fraud continues to rise and has become one of the main crimes affecting victims from various backgrounds, including professionals, businessmen and retirees. "For 2024, a total of 170 cases have been reported, with significantly higher losses amounting to RM23,062,232.60. "The majority of victims were individuals aged between 31 and 50, with 61.11 per cent being men and 38.89 per cent women," he said in a media statement today. He said police are taking the issue seriously and urged the public to be more cautious and not to carelessly provide bank account information to third parties. "Providing a bank account to others, whether willingly or through deception, can result in a person becoming a mule account holder. "Individuals convicted of this offence can be investigated under Section 424 of the Penal Code, which carries a fine of between RM10,000 and RM100,000, imprisonment of one to seven years, or both," he said. Meanwhile, he said police will continue investigations and monitoring to prevent the crime from spreading further, and urged the public to always exercise caution when conducting online transactions.
Daily Express
02-05-2025
- Daily Express
RM23m lost to online fraud in Sandakan throughout 2024
Published on: Friday, May 02, 2025 Published on: Fri, May 02, 2025 By: Winnie Kasmir Text Size: For illustrative purposes only. SANDAKAN: A total of 54 online fraud cases were recorded in Sandakan between January and April this year, resulting in losses amounting to RM4.3 million. District police chief ACP Ashmon Bajah said most victims were aged between 31 and 50, with 61.11 per cent being men and 38.89 per cent women. He added that 170 cases were reported in 2024 overall, with losses exceeding RM23 million. Ashmon said victims came from all walks of life including professionals, business owners, and retirees. He urged the public to remain vigilant, avoid sharing bank details with third parties, and report any suspicious transactions, warning that offenders may face charges under Section 424 of the Penal Code. * Follow us on Instagram and join our Telegram and/or WhatsApp channel(s) for the latest news you don't want to miss. * Do you have access to the Daily Express e-paper and online exclusive news? Check out subscription plans available. Stay up-to-date by following Daily Express's Telegram channel. Daily Express Malaysia
