Funds missing from MH370 passengers' accounts

Kuala Lumpur - A Malaysian bank employee is under investigation over withdrawals totalling more than $31 000 from four bank accounts of passengers of the missing Malaysia Airlines flight MH370, police said on Friday.

Izany Abdul Ghany, chief of police in the commercial crime investigation department, said a bank manager reported the suspicious transactions on 2 August.

Based on an initial investigation, money from the accounts of three passengers on the missing airliner were transferred to a fourth account owned by another passenger, Izany said.

Several withdrawals have been made at ATMs from the fourth account. All the four accounts were at the same bank.

Another police source said a 32-year-old bank employee was being investigated for possible involvement in the crime since he was the one who approved the renewal of the ATM card which was used to withdraw from the fourth account.

"This looks like an inside job", the source said. "It will only be a matter of time before we get to the bottom of this."

The Beijing-bound flight MH370, with 239 people aboard, disappeared without a trace after it took off from Kuala Lumpur International Airport on 8 March.