MARA Files Bankruptcy Proceedings Against M’sian Actress Over Nearly RM1 Mil in Unpaid Loans

Majlis Amanah Rakyat (MARA) is set to move forward with bankruptcy proceedings against Malaysian actress, Rozita Che Wan and her son, Ammar Effendy for failing to repay loans worth nearly RM1 million since 2017.

Rozita’s production company borrowed a loan of RM960,000 from MARA and her son is the guarantor.

MARA’s chairman, Datuk Dr. Asyraf Wajdi Dusuki said the bankruptcy status will only be withdrawn once the actress has settled her loan. He said that the action taken is the same process taken by MARA against any borrower who refuses or fails to settle their debts as outlined in the agreement signed after various payment facilitation was provided.

“We have given her more than enough time to settle the loan since 2017. No one can stop MARA because it is the court’s order. We would never take actions without reasonable reasons. This is because MARA is bound by strict procedures and processes according to the rule of law,” Dr. Asyraf said.

He added that before any legal action is taken, borrowers in trouble are provided with the opportunity to come to MARA to negotiate the scheduling and restructuring of their debts, as reported by Berita Harian.

“Legal action is the last resort if all MARA’s efforts are ignored, and borrowers show no intention to repay the debts.”

The actress has allegedly been uncooperative

As for Rozita’s case, Dr. Asyraf said that the actress has not been cooperating and the case has been delayed multiple times as Rozita kept changing lawyers for the case.

Rozita’s house in Kota Damansara was recently raided by MARA and Dr. Asyraf pointed out that the address is stated in the agreement of the loan.

“The actual value of the items seized from the house will only be known after the auction. So far, the amount is much lower than the actual debt that she needs to repay MARA,” Dr. Asyraf explained.

The MARA chairman added that Rozita has asked for restructuring in loan payments, but she stopped responding and paying after that.

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