Over 80,000 Malaysians declared bankrupt since 2015

KUALA LUMPUR: A total of 80,625 Malaysians have been declared bankrupt from 2015 until August this year, the Dewan Rakyat was told.

In a written reply, Datuk Liew Vui Keong (pic) quoting statistics from the Insolvency Department said that the highest number of bankruptcies were recorded in 2016 with a total of 19,588 cases, followed by 18,457 in 2015.