MOF to freeze MyKad cards for fuel subsidy abuse under RON95 scheme
The Malaysian government announced that the Ministry of Finance will block bank and debit card access for individuals found abusing subsidies through Budi 95. This enforcement action targets specific cases where citizens have been identified as misusing funds allocated from subsidised petrol schemes, with authorities now preparing to sekat MyKad cards accordingly. Officials warn this measure is a direct response to the misuse of RON95 fuel benefits and aims to curb further financial leakage within the system.
Key Points
-
1The Malaysian government will block the MyKad cards and subsidised fuel access for individuals found to have abused the BUDI MADANI RON95 programme.
-
2Abuse is defined as filling subsidized petrol into empty barrels or containers rather than using it directly in vehicles.
Developments
Perspectives
The Malaysian government will block the cards and remove eligibility for individuals found to have abused the BUDI MADANI RON95 subsidy programme by filling subsidised petrol into empty barrels or containers.
— [Mar 24, 00:59] Abuse Budi95, lose it: Finance Ministry to freeze cards over subsidised fuel misuse (Malaymail)The action taken against those who misused the RON95 subsidy scheme clearly violates regulations and demonstrates that such abuse will not be tolerated.
— [Mar 23, 16:08] MOF akan sekat MyKad, tarik kelayakan subsidi individu salah guna BUDI95 (Bharian.com.my)The Ministry of Finance confirmed it would block the cards and withdraw eligibility for individuals found to have abused the Budi Madani RON95 assistance programme.
— [Mar 23, 16:08] MOF will freeze MyKad over misuse of BUDI MADANI subsidy scheme (Sarawaktribune)The Malaysian government has warned that individuals who misused fuel subsidies by filling subsidised RON95 petrol into empty barrels or containers face having their cards blocked and losing eligibility for the assistance programme.
— [Mar 23, 16:08] MOF sekat MyKad individu salah guna subsidi BUDI95 (Berita.rtm.gov.my)The Finance Ministry has issued a warning that misuse of fuel subsidies by filling subsidised RON95 petrol into empty barrels or containers will result in the blocking of cards and removal from eligibility for assistance.
— [Mar 23, 16:08] MOF to block MyKad over subsidy scheme abuse (Nst.com.my)The Ministry of Finance will block the identity cards and vehicle owners' ability to use subsidised RON95 fuel for individuals found abusing the programme, such as filling petrol into empty barrels or containers. This enforcement action aims to prevent subsidy leakage while encouraging public reporting through dedicated contact channels like 1300-88-9595.