Oct 5, 2024, 12:05:11 AM
Money transfer business directed to cease receiving money for remittance
https://www.reddit.com/r/nasikatok/comments/1fwdndk/money_transfer_business_dire...↳
3
The remittance business was a victim here too. All because of that one filipina lady who stole hundreds of thousands from innocent victims, mostly Bangladeshis. Until now Brunei police still no action. They could've at least posted a hold departure notice right away so she couldn't have left the country. Could've posted a wanted photo and let the lady go viral. That lady already gone and most likely already spread and kept all the money she stole. The Philippine embassy most likely wouldn't do anything either.
spryle21
6
^(58 mins ago)
The Brunei Darussalam Central Bank (BDCB) has directed its licensee, Remittance@Seconds, to cease receiving money from the public for the purpose of remittance, effective from yesterday.
The central bank announced the action, “pursuant to its powers under Section 54 of the BDCB Order, 2010”, in a press release yesterday.
It said Remittance@Seconds failed to comply with several conditions of their remittance business license set by the BDCB, which include allowing unauthorised personnel to conduct remittance business on Remittance@Seconds’ behalf. The business was also found to have inadequate resources, internal controls and appropriate procedures to safeguard the best interests of their customers.
The directive will be in place until BDCB is satisfied that the appropriate and proper measures have been taken by the business to rectify the deficiencies.
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6
Which remittance agency is this? Who owns it? What the full story ah?
AdmirableTheory6099
2
Others are checking this out too! ⤵︎
I found the information below and here's a summary
Did you hear about the drama in Brunei's remittance scene? A money transfer business got a big 'stop' sign from the central bank for not playing by the rules! Sounds like a plot twist straight out of a heist movie, complete with a mysterious lady making off with loads of cash! 😲💰
Others are checking this out too! ⤵︎