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,Prime Minister Ismail Sabri Yaakob says the Malaysian Insolvency Department does not keep records of the number of employees retrenched during the MCO period. – The Malaysian Insight file pic, September 27, 2021.

A TOTAL of 10,317 Malaysians have been declared bankrupt from the onset of the Covid-19 pandemic in March 2020 to July 2021, Prime Minister Ismail Sabri Yaakob (Bera-BN) said.

During the same period, about 1,246 businesses closed down for good due to the movement control order (MCO), Ismail said in a parliamentary written reply to Lim Lip Eng (Kepong-PH), who asked for the number of companies that have gone bankrupt and employees retrenched since last year.



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