Unclaimed money amounts to RM11 billion

THERE is approximately RM11 billion in unclaimed monies (WTD) belonging to the public as of last March, said Deputy Finance Minister Ahmad Maslan. 

He said the amount was out of the RM14.1 billion received by the Accountant-General’s Department (JANM) from companies or firms in accordance with Section 8 of the Unclaimed Money Act (Act 370) from 1977 until last month.