An employee serves a customer at the National Higher Education Fund Corporation in Kuala Lumpur July 16, 2018. — Picture by Firdaus Latif
“We still have enough funds because the loans are guaranteed by the government,” Wan Saiful told the Malay daily. It was revealed late last year that PTPTN had incurred debts amounting to RM36 billion. Most of them are from unpaid loans. “That’s why we hope those who still have outstanding loans to repay their debts as in every small way it’ll affect PTPTN,” Wan Saiful was quoted saying inIn December last year, the tiered wage garnishment scheme was introduced where loanees will have an amount taken out from their accounts monthly till the loan was paid. This came under heavy scrutiny and was scrapped.
wansaiful 4 transparency & accountability of mess created under NajibRazak & govt of thieves, pls reveal true PTPTN bad debts out of $40BILLION student debts - $15B, 20B? Or is transparency only for show talk when in Opposition? cc anwaribrahim guanenglim chedetofficial
drasyrafwajdi YB any comments? wansaiful
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