KUALA LUMPUR, May 24 Former prime minister Tan Sri Muhyiddin Yassin has urged the government to use a more flexible mechanism to discharge individuals who have been declared bankrupt.
He said individuals who have been declared bankrupt are actually serving a punishment and if they have shown good behaviour their clearance should be expedited.
A bankruptcy status is a form of punishment, it is not a repayment scheme. So when the bankrupt individual has gone through the punishment for a period of time and is in line with good behaviour, the discharge from bankruptcy status should be expedited or eased without looking at the original amount that was filed.
I urge the government to use a more flexible method to discharge an individual fro…
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