What were insolvency dept’s ‘conditions’ for bankrupt’s employment, UiTM asked

  • 4 months ago
Six ex-AUCMS students ask whether the insolvency office took into account their plight and interest when coming to the decision

Read More: https://www.freemalaysiatoday.com/category/nation/2024/05/25/what-were-insolvency-depts-conditions-for-bankrupts-employment-uitm-asked/

Laporan Lanjut: https://www.freemalaysiatoday.com/category/bahasa/tempatan/2024/05/25/apa-syarat-jabatan-insolvensi-untuk-individu-bankrap-bekerja-uitm-ditanya/

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Transcript
00:00 Six former students of a defunct private medical college want University Technology Mara to
00:07 disclose the conditions set by the insolvency department for employing a bankrupt in its
00:12 medical faculty.
00:14 The six, from the Alliance University College of Medical Sciences, asked whether the insolvency
00:19 office took their plight into account when coming to its decision.
00:23 They said an estimated 100 students had lost a lot of money following the sudden closure
00:27 of AUCMS 10 years ago.
00:30 They added that the college's staff who lost their jobs were also affected, while
00:34 contributions due to EPF were not made on their behalf.
00:38 Spokesperson for the six, Dr. K. Raghuvaran, said the insolvency department is obliged
00:43 to safeguard the interests of creditors and report to them recommendations made by the
00:47 debtor in respect of the settlement of their dues.
00:50 Raghuvaran added that the insolvency department should revoke the conditional letter immediately
00:55 and tell the academic to start settling what he owed the students.
00:58 (upbeat music)

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