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Court cases, inquiries and bankruptcy

Nov 15, 2018

Malaysian bankruptcy rate revealed

Image source: Sinar Harian

64,000 Malaysians were declared bankrupt over the past five years. 

Deputy Prime Minister Datuk Seri Dr Wan Azizah Wan Ismail says the main reason was their failure to repay their loans.

Meanwhile, an AKPK survey found that three out of 10 Malaysian working adults have had to borrow money over the past six months, just to buy essential goods.

It also found that one out of five working adults here did not manage to save money in the past half a year.

Most of them were either self-employed, or earned below RM2,000 a month.

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PTPTN repayment mechanism to be announced soon

The new repayment mechanism for PTPTN borrowers will be announced next month. 

Chairman Wan Saiful Wan Jan says currently, PTPTN is still planning for the best way for borrowers to pay back their loans without burdening them.

It will also hold public consultations to get feedback from borrowers.

This, after the Pakatan Harapan government scrapped its promise to defer PTPTN loan repayments for borrowers who earn RM4,000 or less.

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Rosmah and Tengku Adnan released on bail

Datin Seri Rosmah Mansor, and former Federal Territories Minister Datuk Seri Tengku Adnan Tengku Mansor have been released on bail.

Both pleaded not guilty in separate court cases, to receiving millions of ringgit in bribes. 

Rosmah was charged over a solar hybrid project for rural schools in Sarawak, while Tengku Adnan's case is about a sale of DBKL land.

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Inquiry into Raymond Koh case resumes

Image source: The Star

SUHAKAM's inquiry into the disappearance of Pastor Raymond Koh will resume next month, with a new witness being called in.

The inquiry will also hear testimony from a retired police officer, who was a former head of Special Branch's social extremism division.

Pastor Raymond was kidnapped by a group of men in Petaling Jaya back in February last year. 

Meanwhile, the Commission says it has officially closed its inquiry into missing activist Amri Che Mat.

However, it could be reopened if it receives new leads.