RM39bil owed in PTPTN loans

Bank Negara deputy governor Adnan Zaylani Mohamad Zahid said CCRIS contains information on overdue payments and is not a system aimed at blacklisting loan applicants.

KUALA LUMPUR: The amount of student loans owed to the National Higher Education Fund (PTPTN) is almost equivalent to the total debts suffered by the scandal-riddled 1Malaysia Development Bhd (1MDB), said Tun Dr Mahathir Mohamad.

The Prime Minister said PTPTN defaulters owed RM39bil in outstanding repayments.