Finance Ministry states this on Parliament website on Tuesday replying to question by Abd Ghani Ahmad (PN-Jerlun) who wanted to know contributors’ flexible account renewal status as of May 11
With the new Flexible Account being implemented, experts warn public against revealing too much information as it opens up opportunities for scammers, criminals
Effective May 11, EPF members below the age of 55 will see their accounts restructured into three categories: Akaun Persaraan, Akaun Sejahtera, and Akaun Fleksibel.
With high rates of such issues, Malaysia still lacks digital sovereignty in terms of regulating these platforms particularly in holding themselves and users accountable