KUALA LUMPUR, Jan 27 — Opposition leader Datuk Seri Anwar Ibrahim demanded the Ministry of Finance verify and explain news reports that Genting Hong Kong has RM2.5 billion in collateral-free loans from three Malaysian banks.
Unsecured loans are typically considered to be high-risk to lenders as the debt is not backed by any asset, leaving the lender with nothing to claim in the event the borrower defaults. “This is because through PNB, Khazanah and EPF they are the largest shareholders in the three banks. How is it that the guarantee-free loan was given with such ease?” he added.
Genting Hong Kong — linked to the Genting Group, founded in Malaysia and with interests ranging from casinos to property — said it had “exhausted all reasonable efforts” to negotiate with creditors and stakeholders.
Cimb CEO at the time who ah? 🤔 maybank ceo at that time ex menteri right? RHB siapa pulak? But mostly menteri MOF sapa? I dah lupa..
An endless cycle of greed and corruption It's the most hurtful thing for me – Exploitation of addicts from banks and bribes of police officers to magnificent lies and forced acceptance of those lies. All this bullshit
It was during Najib’s ruling right? He was the MOF and also PM at that time, no?
Tanya lah pm dan Minister mof pada masa bagi pinjaman tetapi bukan pemerintah sekarang huhu
ooo Rm 1 pun dia caj balik kat ATM untuk rakyat, morotarium pun berkira , time orang kaya pinjam duit cagaran pun tak mintak...
khirariffin We need the answer. Don’t keep quite.
anwaribrahim nak tahu gak ni..
johor folks if u want the answer to this loan, and u want Jibby in jail , and u want his whole family to pay bk what they owe tax payers , pls vote PH
Melaka folks must be regretting voting for BNUMNO now 😂😂😂
The damage is done guys! 🤧. 1mdb, national feedlot, felcra, felda, mara....the list continues...😪😪😪
ala macam u tak tau Anwar...
Looks like our country is going to collapse soon. Lost billions in so many areas.
Orang keje bank peduli apa haram tak haram, kan?
Kwsp also
Use Other People Money maa... Wa Tolong Lu.. Lu Tolong Gua la.. Kalau bankrupt pun bukan duit gua kena ganti... Public money ma
Dia buat-buat tak tahu konon. Pulangan berlipat ganda setiap hari, setiap minggu, setiap bulan.
In zaman siapa jadi menteri kewangan ni, bukan lge ke ? atau DSN ?
The Mof minister at that time wasn't it najib? There must be some dirty under table money that smoothens the approval without collateral by the highest echelon in power. Guess who? Same fella la. He is good at bankcrupting msia and hold the rakyat prisoners of debt.
Smelling something bad coming in. Unsecured loan RM2.5 billion? That’s massive. The PNB and EPF shareholders, take care.
10k one off goes to hong kong already - 🧠 whyyyyy
Is this true? Our ISLAMIC AND MALAY government was giving money to gambling?
Why does this smell really bad? With Msia’s RM1trillion debt (in 2022 we will cross tht threshold) n RM18 as debt repayment on every RM100 earned. If these banks fail… we are Lebanon 🇱🇧
Bank wish lah..sibuk
anwaribrahim please also check incompetent BNM_official !
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Yes I want to know the reason. These banks gave us thousands of reasons why they cannot give monatarium to the suffering Rakyat but at the same time gave hundred of millions unsecured loans
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