Don’t rob Peter to pay Paul - News Summed Up
Don’t rob Peter to pay Paul

Don’t rob Peter to pay Paul

September 17, 2021 22:30 UTC

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Don’t rob Peter to pay Paul


It is the promise to waive accrued interest on loans under moratorium for three months for the B40 group. If banks are to waive interest payments, shareholders like me will have to bear the cost. You might say that banks earn billions every year, but these billions of ringgit are paid to thousands of other retirees and shareholders like me. The government must explain what powers it is using to expropriate what belongs to bank shareholders. We must not rob Peter to pay Paul.


Source: The Star September 17, 2021 22:30 UTC



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