Bankrupts allowed loans backed by EPF collateral - Wan Saiful

Published: May 8, 2023 10:43 AM | Updated: May 8, 2023 2:24 PM

Putrajaya has been urged to explain why purportedly bankrupt individuals were allowed a loan under the new Employees' Provident Fund (EPF) collateral scheme.

In a statement last night, former Bersatu information chief Wan Saiful Wan Jan said he had met such individuals recently.

Based on screenshots ...

Some have borrowed more than the maximum RM1,000 bank credit allowed by law.

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