SC enforcement returned RM1.98mil to investors in 2025, says Amir Hamzah
Finance minister II says Securities Commission Malaysia action last year also saw nine criminal convictions.
Malaysian Finance Minister II Amir Hamzah Azizan disclosed that the Securities Commission (SC) refunded RM1.98 million to 239 investors in 2025 due to violations of capital market laws. During this enforcement action, the SC also secured nine criminal convictions with fines totaling RM13.1 million. Civil action resulted in penalties and the recovery of illicit gains worth RM2.1 million, while regulatory settlements recovered an additional RM9.08 million, Hamzah stated during a recent debate in the Dewan Rakyat.
The minister responded to a question from Khoo Poay Tiong (PH-Kota Melaka) regarding the effectiveness of the SC's enforcement in combating corporate malpractice and safeguarding investors. Hamzah highlighted the collaboration between the SC and the Malaysian Communications and Multimedia Commission in 2024 and 2025, which led to the blocking or suspension of 328 websites, 388 Telegram accounts, and 60 telephone numbers associated with financial scams and fraudulent investment schemes.
Written by urgent.news from Free Malaysia Today's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
