10-13% of new bankruptcy cases from 2021-2024 involve civil servants, says MDI DG


PUTRAJAYA: Between 2021 and 2024, civil servants accounted for approximately 10 to 13% of new bankruptcy cases, says the Malaysian Department of Insolvency (MDI) director-general Datuk M. Bakri Abd Majid.

He expressed concern over the rising trend of bankruptcies among civil servants, noting that this increase contrasts with the overall decline in national bankruptcy statistics.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
MDI , Insolvency , Bankrupt , Civil Servants

Next In Nation

Why do Malaysian students excel in SPM but lag in PISA, asks Dr Wee
Body of man found in drain at Sama Gagah Market
MACC has frozen assets worth RM1.27bil since 2022
MyEQ-Zetrix issue: MACC receives complaint, to cooperate with police
Zii Jia faces court hearing in family dispute
Road closure: Part of Jalan Magazine to be closed from Wednesday for Penang LRT works
Haze forces closure of schools in three Sarawak districts
King attends Conference of Rulers pre-council meeting
Army man dies after motorcycle crash sends him off MRR2 flyover
Hit haze-linked companies where it hurts, says Syed Saddiq

Others Also Read