MTUC urges govt to order banks not to start bankruptcy proceedings after loan moratorium period ends


PETALING JAYA: The Malaysian Trades Union Congress (MTUC) has called upon the authorities to issue a directive to financial institutions to halt bankruptcy proceedings after the loan moratorium period ends in December.

MTUC president Datuk Abdul Halim Mansor said it was urgent to issue such a directive in view of rampant layoffs and pay cuts in recent months.

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MTUC , Insolvency , Abdul Halim Mansor

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