Malaysian Dessert Chain, Accumulating RM150 Million in 3 Years, Allegedly Delays EPF Payments for Months
A well-known local dessert chain recently faced criticism when one of its employees exposed details about the delayed EPF payment, allegedly ongoing for several months. As per a TikTok post by @penuntutkeadilan, the dessert chain has reportedly amassed a profit of approximately RM150 million over its three years of operation.
Despite displaying EPF deductions on their payslips, the management has purportedly halted EPF payments for employees since the beginning of 2023. Upon checking their EPF accounts, employees have observed no transfers of payments into their accounts.
The anonymous source reveals that the EPF payments were made for a month or two initially, followed by a cessation. With the year-end approaching, employees express frustration, questioning the whereabouts of their funds.
The post suggests that this payment discrepancy is not isolated to one individual; other employees are also reportedly affected, and issues with EPF payment management surfaced only in the current year.
Additionally, the post claims that employees receive their salaries as late as the 7th day of each month, despite the salary cutoff day being the 23rd of the month. Allegedly, individuals commenting on the brand’s Instagram page regarding the missing EPF payments are blocked from accessing the page.
Concluding the anonymous letter, the man urges management to prioritize employee welfare, emphasizing its potential positive impact on the business.