Sesco incur losses of about RM80 million from Jan-Aug due to power theft
Last Update: 28/09/2018
KUCHING, Sept 28 (Bernama) -- Sarawak Energy’s operation and retail arm, Syarikat Sesco Bhd (Sesco) has suffered losses of about RM80 million in the first eight months this year due to power theft.
The figure was released to reporters during the anti-power theft operation on two cryptocurrency operators in Tabuan Jaya, here today.
According to Sesco spokesperson, it was discovered that the two operators had been stealing electricity by tapping directly from the main wiring to their premises, thus causing Sesco to incur monthly losses of between RM10,000 and RM15,000 at the first premises and between RM20,000 and RM25,000 at the second one.
He said power theft involving cryptocurrency operators in the state were on the rise.
This year alone, Sesco has acted on 30 premises involving cryptocurrency operators found to be stealing electricity, 16 of which in Miri, 13 in Kuching and one in Sibu, he said.
“Sesco will continue to target these premises and will continue to work closely with the police, Malaysian Anti Corruption Commission (MACC) and the Ministry of Utilitiues (MOU) in the investigation and meter inspection operations throughout the state,” added the spokesperson.
Also present during the operation was Head of Sarawak Police Commercial Crime Department Supt. Mustafa Kamal Ghani Abdullah.