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null Raids on Illegal Money-Changing Operators

Raids on Illegal Money-Changing Operators

Embargo : For immediate release Not for publication or broadcast before 0800 on Tuesday, 22 June 1999
22 Jun 1999

Bank Negara Malaysia wishes to inform the public that raids were conducted on two illegal money-changing operators in Penang and Kuala Lumpur, on 19 June, 1999 as a result of complaints made by members of the public. Bank Negara Malaysia views seriously illegal money-changing operations and will take immediate actions to stamp out such activities. For their own protection, members of the public are advised to obtain their foreign exchange services only from licensed money-changers and authorised dealers. Authorised dealers are the commercial banks and Bank Islam Malaysia Berhad, including "bureau de change" set up by them.

Bank Negara Malaysia
22 June 1999

© Bank Negara Malaysia, 1999. All rights reserved.

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