{
  "id": 12624351,
  "title": "MoF rejects e-Jamin purchase, subscription, takeover options last year",
  "url": "https://urgent.news/2026/10/07/mof-rejects-e-jamin-purchase-subscription-takeover-options-last-year",
  "topic": "world",
  "section": "World",
  "published": "2026-10-07T12:17:12.000Z",
  "source": {
    "name": "New Straits Times",
    "slug": "new-straits-times",
    "url": "https://www.nst.com.my/news/nation/2026/10/1549949/mof-rejects-e-jamin-purchase-subscription-takeover-options-last-year"
  },
  "original_language": "en",
  "account": "The Malaysian Finance Ministry (MoF) turned down three potential options to commercialize or take over the e-Jamin system in 2025, choosing to retain the current arrangement at no government expense, according to the Dewan Rakyat. Deputy Minister M. Kulasegaran announced the decision on October 22, 2025, following the Public Accounts Committee's recommendations. The options presented were for the government to buy the e-Jamin system directly, subscribe to its services, or have the company maintain and operate it before eventually transferring ownership to the government. The MoF decided to keep the existing system, subject to an official agreement and a trustee bank structure, with no cost to the government. The committee had previously raised concerns about the lack of a formal contract governing the system, which has been in operation since 2020. Kulasegaran explained that e-Jamin was initially a temporary solution, but its continued operation was necessary due to complications arising from its previous shutdown. He emphasized the need for a formal agreement to ensure accountability and transparency, despite the absence of one. The e-Jamin system enables electronic bail payments, reducing the time required to complete these transactions to under 30 minutes, compared to the previous five-hour physical payment process. In 2025, 81,667 bail cases were processed through the system, involving RM255.198 million in bail money, with no reported misappropriation of funds.",
  "summary": "KUALA LUMPUR: The Finance Ministry (MoF) rejected three proposals to commercialise or take over the e-Jamin system last year, opting instead to retain the existing arrangement at no cost to the government, the Dewan Rakyat was told.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}