EPF: 635 directors barred from leaving Malaysia over unpaid EPF contributions


EPF chief operating officer Sazaliza Zainuddin.

PETALING JAYA: The Employees Provident Fund (EPF) has submitted the names of 635 company directors to the Immigration Department, barring them from leaving Malaysia due to their failure to remit employees’ contributions between January and June this year.

In a statement yesterday, the EPF said that the action was taken in accordance with Section 39 of the EPF Act 1991.

“Monthly contributions reflect employers’ commitment to their employees’ well-being and fulfilment of legal obligations, and the EPF will continue to enforce and monitor compliance to ensure that all outstanding amounts are paid in full,” it said.

As of June, a total of 13,820 employers, representing 2.02% of the 685,399 employers registered with the EPF, have failed to pay their employees’ contributions.

“Meanwhile, 12,787 company directors have been barred from leaving the country due to unpaid contributions.

“Between January and June, 1,932 civil suits were filed against company directors, while 2,200 criminal cases were brought against employers who defaulted on their employee’s monthly EPF contributions,” it said.

EPF chief operating officer Sazaliza Zainuddin said that failure to make timely EPF contributions is a serious offence.

“The EPF will not hesitate to pursue legal remedies, including both civil and criminal actions, to protect employees’ rights,” he said.

Meanwhile, the EPF advised members to regularly check their accounts via the KWSP i-Akaun app to ensure their employers’ contributions are accurate and timely.

“If there are any discrepancies, members should contact their employers immediately or report the issue to the EPF through the website at www.kwsp.gov.my or via the EPF Contact Management Centre at 03-8922 6000,” it said. — Bernama

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Schools affect property prices
Relocation made easy
When a quiet road becomes a noisy highway
Maybank offers flood relief assistance to affected customers nationwide
Ringgit seen trading at 4.42-4.44 with upside bias against US dollar next week
Robust earnings drive Public Bank’s profit optimism
Struggling Tan Chong faces long and rough journey
Unleashing innovation in pet wellness
Emerging Asia stays steady
Finesse in a cuppa

Others Also Read