fbpx
Connect with us

News

Tun M is Ashamed That M’sians Are Not Paying Back PTPTN Loans Worth RM36 Billion

Published

on

Tun M Says He Is Ashamed Of Rm39 Billion Worth Of Unpaid Ptptn Loans - World Of Buzz 3
Source: Roket Kini

Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.

Prime Minister Tun Dr Mahathir Mohamad has recently voiced his disappointment over the amount of unpaid National Higher Education Fund Corporation (PTPTN) loans that have accumulated over the years.

According to the New Straits Times, it was revealed that RM36 billion worth of unpaid student loads was owed to the government. Speaking at Universiti Teknologi Malaysia Kuala Lumpur today (20th September), Tun M emphasised that the government spends a lot of money on PTPTN loans for poorer Malaysians to pursue higher education. He stated,

“I am ashamed but they (borrowers) are not. It’s not like they can’t afford it. They are earning RM2,000 and only have to pay back RM100 a month but they just don’t feel like paying.”

Tun M Says He Is Ashamed Of Rm39 Billion Worth Of Unpaid Ptptn Loans - World Of Buzz

Source: nst

“Sometimes, we find people who go to jail… and don’t even feel shame. They can still smile. We also find some Malaysians are not trustworthy especially when it comes to paying loans or money borrowed.”

He added that Malaysians should learn to emulate the Japanese to be more successful, like having a sense of shame, be hardworking, trustworthy and not be too laid-back. He even spoke about the possibility of setting up a Japanese university in Malaysia.

Tun M Says He Is Ashamed Of Rm39 Billion Worth Of Unpaid Ptptn Loans - World Of Buzz 2

Source: nst

“It is very costly for us to go to Japan to study now as the cost of living is high. If we build a university here, it will be cheaper and students from other poor countries can also come and study here.”

What are your thoughts on Tun M’s statement? Let us know in the comments below!

 

Also read: Dr M: PTPTN Debt Almost the Same as 1MDB’s Losses, M’sians Not Shameful for Owing Money

Dr M: Ptptn Debt Almost The Same As 1Mdb's Losses - World Of Buzz 2


Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.



Just In

My Post 2021 07 26T094834.117 My Post 2021 07 26T094834.117
News2 hours ago

M’sian Govt Spends RM48 Million On 16 High-Powered Drones To Increase Security At Border Areas

The Royal Malaysia Police (PDRM) will be receiving 16 high-powered drones that have been approved by the government under the...

Dr Noor Hisham Dr Noor Hisham
News3 hours ago

“Remember the oath we made” Health DG Urges Contract Doctors Not To Go On Strike

Health Director-General Tan Sri Dr Noor Hisham Abdullah has urged junior contract doctors not to join the #HartalDoktorKontrak (Contract Doctors’...

Oppositionmpsfilereport Oppositionmpsfilereport
News20 hours ago

Opposition MPs File Police Report Against PN Ministers For Failing To Handle Covid-19

Seven Members of Parliament (MP) and two activists today filed a police report against Perikatan Nasional (PN) Federal Government Ministers...

Ft2 Ft2
News21 hours ago

JUST IN: Malaysia Records 17,045 New Cases, Exceeds Over 1 MILLION Total Infections

The total Covid-19 cases in Malaysia has exceeded 1 million, with 17,045 new cases recorded today (25 July 2021), another...

Man Smuggles Four Kittens In His Pants Man Smuggles Four Kittens In His Pants
News1 day ago

SG Man Tried Smuggling 4 Kittens From Malaysia By Hiding Them In His Pants

A mother and her son have recently been sentenced to jail in Singapore for smuggling cats into the country. On...

Picture 1 4 Picture 1 4
News1 day ago

“Alhamdulillah, negative”, Annuar Musa And Nik Abduh Deny Being Infected With Covid-19

Federal Territories Minister Tan Sri Annuar Musa, Deputy Speaker of the House of Representatives Datuk Mohd Rashid Hasnon and Bachok...

Zahid And Gang Tested Positive For Covid 19 Zahid And Gang Tested Positive For Covid 19
News2 days ago

[UPDATED] UMNO President Zahid Hamidi Tested Positive For Covid-19 After Parliament Screening

A total of 35 individuals among MPs and their officials have tested positive for Covid-19. This sudden development is a...

3 Icitra 2024 3 Icitra 2024
News2 days ago

EPF Expedites i-Citra, Members To Receive First Payment Starting 2 August 2021

The Employees Provident Fund (EPF) has recently announced that i-Citra payments will be expedited. Eligible members that have had their...

Announcement

Latest Videos



TRENDING TODAY