Armada Youth Chief has no quality – Irwan Serigar

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Parti Pribumi Bersatu Youth (Armada) Chief, Senator Wan Ahmad Fayhsal Wan Ahmad Kamal debts cancellation B40 Bersatu The former Secretary-General of Treasury Tan Sri Irwan Serigar Abdullah was summoned by the Malaysian Anti-Corruption Commission (MACC) to give statements on 1MDB and the Abu Dhabi investment firm, International Petroleum Investment Company (IPIC). PIX: IQBAL BASRI / Malaysia Gazette / 24 OCTOBER 2018 Wan Ahmad Fayhsal Wan Ahmad Kamal Armada Youth Chief banks cancel debts B40
The former Secretary-General of Treasury Tan Sri Irwan Serigar Abdullah.PIX: IQBAL BASRI / Malaysia Gazette / 24 OCTOBER 2018

By Nizam Zain

KUALA LUMPUR – The call from Parti Pribumi Bersatu Youth (Armada) Chief, Senator Wan Ahmad Fayhsal Wan Ahmad Kamal for the banks to implement targeted cancelation of debts for the B40 income group has raised scornful remarks.

That wasn’t the first, but, the second time the Deputy Minister of Youth and Sports issued controversial statements.

The suggestion from Wan Ahmad Fayhsal received cynical remarks from the former Secretary-General of Treasury, Tan Sri Dr Mohd Irwan Serigar Abdullah who said that the idea from the Cabinet member was irrelevant with the banking system.

“The Deputy Minister has no quality. Frequently making inappropriate statements. It’s OK to help pay if it’s his father’s money,” Mohd Irwan twitted.

Yesterday, the FreeMalaysiaToday portal reported that Wan Ahmad Fayhsal urges the banks to implement targeted debt cancellation, especially to the lower income group in the country.

According to Wan Ahmad Fayhsal, the call for the banks to waive off interests and debts is not something new as the similar suggestion was also raised in other countries.

He said, government linked companies (GLC) and institutions with stakes in banks have the corporate social responsibility towards the people and they need to make some sacrifices. –MalaysiaGazette

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