22663 young Malaysians declared bankrupt since 2011, says financial planning council – New Straits Times Online

KUALA LUMPUR: Poor financial management resulted in 22,663 Malaysians under the age of 35 being declared bankrupt between 2011 and Sept 2015, according to the Malaysian Financial Planning Council (MFPC). MFPC deputy president Michael Kok Fook On said this group of people failed to manage their financial resources and do not understand the importance of…