‘Datuk’ among 15 held over bankruptcy cases

  • Nation
  • Friday, 05 Oct 2012

KOTA BARU: A businessman with the title “Datuk” is among 15 people arrested for disobeying the court order to resolve their bankruptcy cases with the Insolvency Department involving over RM7.6mil in debt.

Kelantan Insolvency Department director Rohaiza Abd Rahman said the 69-year-old businessman was among 285 people declared bankrupt by the court between early this year and September.

This was the first high-profile bankruptcy case in Kelantan in two years, she added.

“Currently, we have traced 270 more people who were declared bankrupt but did not turn up at the Insolvency Department to resolve their cases.

“Most of them were businessmen,” she said at her office here yesterday.

Rohaiza urged them to come forward and manage their cases with the department to remove their bankrupt status. — Bernama

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Insolvency Department , bankruptcy , Courts , Crime


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