KUCHING, Dec. 14 -- Sarawak Democratic Action Party (DAP) chairman Chong Chieng Jen said he has been informed that Bank Simpanan Nasional (BSN) will begin making payouts to some victims of an investment fraud starting next week.

In a statement, he said the party would continue to closely monitor the payout process.

"Since the first expose on Nov 28, I have had several meetings with BSN's executive management and have followed up on all cases that were referred to me," he said.

The statement was issued in light of another victim of the investment scam, committed by a BSN employee, having come forth seeking his advice and help for recovery of losses.

Chong said the latest victim, identied as Hong, had invested RM300,000 last year in the...