MyKad Theft: Finance Ministry Issues RM20k Fine, 3-Year Jail Warning
KUALA LUMPUR, May 29 — The Ministry of Finance (MoF) has issued a stern warning regarding the misuse of the BUDI95 MyKad, threatening a hefty fine of RM20,000 and up to three years’ imprisonment for offenders.
The warning comes as part of ongoing efforts to combat identity theft and fraud related to the BUDI95 MyKad, a specific type of Malaysian identity card. The MoF aims to deter individuals from using stolen or falsified MyKad information for illicit activities, which can have significant financial and legal consequences.
The specific legislation under which these penalties apply was not detailed in the initial announcement, but it is understood to be related to offenses involving the misuse of government-issued identification documents. The BUDI95 MyKad refers to identity cards issued to Bumiputera citizens prior to a system upgrade, and their unique characteristics may make them targets for fraudulent activities.
The Ministry’s statement serves as a clear reminder to the public about the serious repercussions of engaging in identity theft and related crimes. Authorities are urging citizens to safeguard their MyKad and report any suspicious activity immediately. Failure to do so, or participation in fraudulent schemes utilizing MyKad information, could result in the aforementioned penalties.
The MoF's action underscores the government's commitment to protecting the integrity of its identification system and ensuring financial security for its citizens. Further updates and details regarding enforcement actions are expected to be released as the situation develops.






