TNB Loses RM441.6 Million Due to Electricity Theft for Bitcoin Mining Activities

TNB Reveals Significant Losses Due to Electricity Theft

Police and TNB Joint Operation Uncovers Millions Lost

Tenaga Nasional Berhad (TNB) has disclosed that they have incurred losses amounting to RM441,600,089.90 as a result of electricity theft for bitcoin mining operations between 2020 and September 2024.

Raids Conducted Nationwide to Combat Electricity Theft

Results of the Joint Operation Detailed

According to Bukit Aman Criminal Investigation Department (JSJ) director Datuk Seri Mohd Shuhaily Mohd Zain, a total of 2,091 raids were carried out across the country during the specified period.

Analysis of Raids and Losses Over the Years

Breakdown of Raids and Losses Year by Year

Mohd Shuhailly provided a breakdown of the raids, stating that 54 were conducted in 2020, followed by 529 in 2021, 692 in 2022, 358 in 2023, and 458 in 2024.

TNB’s Contribution to Assist Police Operations

4WD Vehicles Donated for Operational Support

Following the success of the joint operation, TNB handed over six 4WD vehicles to aid the Royal Malaysian Police, particularly the JSJ division. This gesture was seen as recognition for the division’s accomplishments.

Continued Collaboration Between TNB and JSJ

Ongoing Efforts to Combat Electricity Theft

Mohd Shuhaily highlighted the collaboration between TNB and JSJ since 2020 in tackling electricity theft activities, emphasizing the importance of their joint efforts.

Deputy Inspector-General of Police Datuk Seri Ayob Khan Mydin Pitchay, Senior General Manager and Head of TNB Asset Management Department Zahari Dollah, and Royal Malaysian Police Secretary Datuk Kamaruzaman Abdullah were also in attendance at the event.