LUMUT, Sept 22 — A total of 430,000 borrowers have failed to repay their loans from the National Higher Education Fund Corporation (PTPTN), amounting to an estimated RM6...
As defaulters rack up RM6b debt owed to PTPTN , Higher Education Ministry says door still open for negotiations before courtLUMUT, Sept 22 — A total of 430,000 borrowers have failed to repay their loans from the National Higher Education Fund Corporation , amounting to an estimated RM6 billion.
He noted that unpaid loans have steadily increased each year, directly impacting PTPTN’s financial resources. Earlier, Zambry also presented WPP amounting to RM322,500 to 215 eligible students in the Lumut constituency, attended by PTPTN chairman Datuk Seri Norliza Abdul Rahim and chief executive officer Ahmad Dasuki Abdul Majid.“I have been informed by PTPTN regarding this matter, but the details concerning the enforcement are still being finalised. For now, we remain reasonable and will not close the door on negotiations for those who wish to settle their debts,” he said.
Defaulters Borrowers Zambry Abd Kadir Higher Education Ministry Mohe
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