LUMUT: A total of 430,000 borrowers have failed to repay their loans from the National Higher Education Fund Corporation (PTPTN), amounting to an estimated RM6bil. Higher Education Minister Datuk Seri Dr Zambry Abd Kadir said that these borrowers have never made any repayments to PTPTN despite many having established careers. He said that unpaid loans have steadily...
KOTA KINABALU: AirAsia repaid Sabah Development Bank (SDBank) over half of the load it received four years ago during the Covid-19 lockdown. Tan Sri Tony Fernandes says AirAsia is forever grateful to the Sabah government and the Sabah Development Bank (SDBank) for its RM300mil loan during the 2020 pandemic crisis. The chief executive officer of Capital A...
KUALA LUMPUR: Some US$120mil of the loan from Retirement Fund Inc (KWAP) to SRC International Sdn Bhd landed in Datuk Seri Najib Razak's bank account between 2011 and 2012, the High Court here was told. Offshore asset recovery specialist Angela Barkhouse testified that the money entered Najib's personal AmBank account through three transactions from a company...
