Saifuddin Nasution Ismail says the police should heighten public awareness about the crime.

These comprise RM232 million in losses from Facebook scams and RM70 million from Instagram scams.

Insurers have in some cases been raising the rates they charge as a result of the increasing likelihood of disasters, and in some places have stopped providing coverage.

Chief financial officer Luca Maestri warns that the war in Ukraine, which led Apple to stop sales in Russia, will leave a bigger dent on sales in the fiscal third quarter.

Sales at the online retail colossus were in line with analyst expectations, but chief executive Andy Jassy warned of testing times in the months ahead.

Its loss for the whole year ballooned to US$3.56 billion versus US$2.75 billion in 2020.

While other Swiss banks registered solid results for last year, Credit Suisse reported a net loss of nearly 1.6 billion Swiss francs.

The auditor-general has submitted 29 recommendations – four for verification of financial statements and 25 for compliance audits of federal ministries and departments.