KUALA LUMPUR, June 6 — DAP secretary-general Lim Guan Eng today questioned the Finance Minister over the latter’s statement that the government will have to compensate banks if it compels them to give out automatic loan moratoriums to the M40 income group.
“Don’t forget and let the M40 fall just like that, because the banking industry is able to bear the cost of automatic loan moratoriums to M40 borrowers,” Lim said in a statement.had reported Datuk Seri Tengku Zafrul Abdul Aziz as saying according to Section 5 of Emergency Ordinance 2021 the government will need to provide compensation for any resources that it requests during the Emergency.
“If this is true, why banking institutions can bear the cost of automatic loan moratorium for B40 borrowers without any compensation from the government, but not for M40 borrowers?” he asked. “It is obvious that banking institutions are capable of performing corporate social responsibility with such high profits.
Asyik bising pasal duit je guan eng ni..masa korg in power dulu kemain lagi kedekut!!