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KWSP denies starting the i-Bunga scheme and urges the public to keep personal information.

03/09/2022

The public is warned not to expose their personal information, as KWSP denies launching the i-Bunga scheme.

Launch of the i-Bunga programme by KWSP. Do not! This is fake news that scammers are disseminating under the KWSP brand!

The Employees Provident Fund (KWSP), in a statement, denied having introduced the i-Bunga lending programme. The public is urged by KWSP to avoid being duped and to hold onto their personal information.

Prior to now, it was reported that KWSP had reintroduced a special withdrawal plan, but it is thought that KWSP is not currently offering a similar special withdrawal plan. To prevent the theft of bank deposits and the leakage of personal information, the public is asked to refrain from disclosing personal information to strangers.

The Employees Provident Fund (KWSP) has not introduced a withdrawal programme equivalent to the Special Withdrawal Scheme (Pengeluaran Khas) since it was introduced in April of this year. It is significantly more difficult for the Provident Fund Bureau to permit members to withdraw money from their provident fund accounts now that the home economy is fully open.

If KWSP introduces a withdrawal plan, KWSP will make the information public on its own website and Facebook page and not through the channels of other parties.

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