WP MP Sylvia Lim calls for banks to fully reimburse scam victims; Govt says idea 'neither fair nor desirable'

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”.