Whopping RM1.5b remains unclaimed

BY M. KRISHNAMOORTHY AND MEERA VIJAYAN

KUALA LUMPUR: A whopping RM1.5bil belonging to people who have forgotten about their money, lost their passbooks or died, is waiting to be claimed from the Registrar of Unclaimed Monies.

The money is mainly from savings accounts, fixed deposits and dividends that had been left dormant for seven years in financial institutions. These are submitted to the Accountant-General, who is also the Registrar of Unclaimed Monies.

Read full story: Whopping RM1.5b remains unclaimed...The Star