SINGAPORE — Workers' Party (WP) chairman Sylvia Lim urged the Government to mandate banks to bear full responsibility in reimbursing scam victim's losses, but her proposal in Parliament was shot down by Mr Alvin Tan, Minister of State for Trade and Industry, who said that it would not be fair or “desirable”.
Workers' Party chairman Sylvia Lim and Mr Alvin Tan, Minister of State for Trade and Industry, speaking in Parliament on Sept 18, 2023.
Mr Alvin Tan, Minister of State for Trade and Industry, said that this would be"neither fair nor desirable" and can lull users into complacency
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