07-09-2021, 06:49 PM
PETALING JAYA: With savings dwindling due to the lockdown, an employer from the M40 income group says he would rather fail to service his loans and be blacklisted by financial institutions than see his family starve.
Mohd Fakhzan Rosli, who owns Scuba Club Langkawi, was forced to dip into his savings to pay his workers’ salaries and to fulfil other commitments after the pandemic struck last year.
But he still had many financial commitments that he needed to meet, and had received calls warning him that he would be blacklisted if he failed to pay up.
“I have now reached the point of being blacklisted, but never mind. I would rather be on the blacklist than see my children and wife starve,” he told FMT.
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