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2024 Budget: National Scam Response Centre allocation doubled to RM20 million

KUALA LUMPUR: Since its establishment, the National Scam Response Centre has handled over 49,000 calls and successfully frozen transactions worth up to RM60 million.

Next year, the government will increase NSRC allocation to RM20 million, an increase of RM10 million from the previous allocation, to enhance NSRC's effectiveness in combating scam-related crimes.

Bank Negara Malaysia (BNM), in collaboration with the financial sector, is developing the National Fraud Portal (NFP), which is expected to be completed by mid-2024.

Relevant agencies are examining the need to amend the laws, including the Criminal Procedure Code, to enable more effective actions to be taken against syndicates and money mules.

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