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Thursday August 22, 2013 MYT 12:00:00 AM
Thursday August 22, 2013 MYT 8:27:42 AM
PUTRAJAYA: The proposal to include the names of National Higher Education Fund Corporation (PTPTN) defaulters in the Central Credit Reference Information System (CCRIS) has been put on hold.
The Government had no intention of making anyone bankrupt when it made the proposal, said Second Education Minister Datuk Seri Idris Jusoh.
“PTPTN will adopt a ‘wait and see’ approach to study the real problem behind the long list of defaulters.
“At the same time, we want to ensure that PTPTN is sustainable,” he said after attending the Education Ministry’s Hari Raya open house.
Idris said several defaulters had contacted PTPTN since his announcement on Monday linking defaulters’ names into the CCRIS.
All groups, he added, were welcomed to give their feedback to PTPTN on ways to help defaulters repay their loans.
“We want to make sure that no one will be jeopardised in any measures that we are going to implement,” he added. Other measures taken in the past by PTPTN to recover outstanding loans included publishing the names of defaulters in the newspapers, and barring them from leaving the country because they ignored repeated reminders to repay their loans for more than five years.
It was reported in July that 418,094 people had yet to repay their PTPTN loans worth RM2.8bil.
Prime Minister Datuk Seri Najib Tun Razak, when tabling Budget 2013 last year, had announced a 20% discount for those who settled their outstanding amounts in full by Sept 30 this year.
Separately, Youth and Sports Minister Khairy Jamaluddin in his tweet, thanked Najib and the education ministers for the decision.
“Just finished with the Cabinet meeting. PTPTN will not go ahead with its proposal to list defaulters under CCRIS”, he tweeted yesterday.
PKR strategy director Rafizi Ramli said: “I wouldn’t say I welcome the move, they shouldn’t have thought about it in the first place. They only changed (their decision) because there was an almost unified opposition to it.”
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