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Keratan Akhbar Pilihan Cops Begin Moves To Clean Up Repossession Industry Igp

Published: 26 Oct 2023 6.04 AM Updated: 17 Jul 2026 3.33 AM
Sepang, 26th October 2023 - The police have fired their first salvo to tighten up governance and clean up the repossession industry, which has sent shockwaves through syndicate members.
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Printed on: 25/09/2026 11:11 MYT
Sepang, 26th October 2023 - The police have fired their first salvo to tighten up governance and clean up the repossession industry, which has sent shockwaves through syndicate members.
Inspector-General of Police (IGP), IG Tan Sri Razarudin Husain said, his men had met with multiple agencies, including the banks, to discuss measures to effectively govern and monitor the industry, purportedly tainted with influence from secret society groups.
“Criminal Investigation Department Director, CP Dato’ Sri Mohd Shuhaily Mohd Zain will give the statement.

“He had arranged for the meeting, and they have called in multiple agencies, including the banks,” he said on the sidelines of the National Language Decade Carnival and National Reading Decade.

Tan Sri Razarudin previously said the police would request the banks establish a robust governance system to combat and deter criminal activities associated with repossession agents.

Read further on New Straits Times article attached.

 
ArticlePublished 26 Oct 2023 6.04 AMUpdated 17 Jul 2026 3.33 AM