Malaysian man allegedly sets fire to JB bank after RM100 mil insurance application gets rejected

A 29-year-old Malaysian man allegedly set a bank on fire after it rejected his application for a RM100 mil (S$31 mil) insurance scheme.

The incident happened at a bank at Jalan Kundang, Johor on Thursday (Jul 20) at around 8.45pm, reports The Star Online. 

In relation to the incident, Batu Pahat District Police Chiefs Assistant Commissioner, Abdul Wahib Musa, said that the suspect had allegedly used petrol to light the branch on fire.

Said the policeman:

"A passer-by saw the man splashing a liquid, believed to be petrol, on the bank's door before lighting up a piece of paper to set the place ablaze.

"The suspect immediately fled the scene on a motorcycle.”

The Fire and Rescue Department were alerted and quickly put out the fire.

Fortunately, no serious damages were caused. 

Assistant Commissioner Musa said:

"Acting on information, police arrested the suspect at his home. 

“The man admitted that he was unhappy with the bank for rejecting his application for a RM100mil protection insurance.

"A check also revealed that the suspect had received treatment for mental disorder at Hospital Sultanah Nora here.”

He added that the case was being investigated under Section 436 of the Penal Code for arson, and the suspect would be held in remand until July 27.