Digitalisation of the insolvency department must be speeded up




I held a working visit to the Malaysian Department of Insolvency, Perak situated in Ipoh today to receive updates on the statistics relating to bankrupts discharged in Perak since the implementation of the Small Scale Debt Discharge and the Second Chance Policy last year by the Unity Government.

Also present with me were the Director General of Insolvency Malaysia, Tuan M. Bakri and the Director of Insolvency Perak, Datin Sri Suhaima Binti Mohd Noor and my ipoh Barat officers.
As a direct result of these two policies by the Unity Government, it heartens me to learn that some 2,709 bankrupts have been discharged from bankruptcy in Perak since 2023, with 2,048 bankrupts discharged in 2023 and 661 discharged in 2024 thus far.



I also personally handed the discharge from bankruptcy certificates signed by the Director General of Insolvency to 5 bankrupts here in Ipoh during my working visit. These are ordinary Malaysians whose lives have been directly impacted and changed for the better as a result of the Unity Government’s policies to help all Malaysians.



In my address today, I emphasised that the Malaysian Department of Insolvency must prioritise and expedite the discharge of bankrupts in line with the Unity Government’s Malaysia MADANI agenda, underscoring the ‘I’ for Ihsan, meaning compassion. Everyone deserves a second chance in life, and the same applies to bankrupts. This policy remains a priority for the Unity Government, and I have conveyed this today, as we seek to discharge some 130,000 bankrupts by the end of the year.
Separately, I also stressed the importance of digitalisation. As the Unity Government moves Malaysia towards digitalisation, the Malaysian Department of Insolvency must move in the same direction and digitalise its systems as well. This will result in faster and smooth disposal of pending cases without the parties to be physically present.



A good example in this regard is the Office of the Chief Registrar of the Federal Court, whereby the entirety of the Malaysian court filing system has been digitalised for some years now. I am heartened to hear that the process of development of a digital filing system for the Malaysian Department of Insolvency has begun as well.



Visits to the ground such as this today are important to observe the reality of policy implementation in the field, to speak with staff and customers, and to hear them on the problems the agency and society face. As such, I will continue to hold more working visits across the country this year to observe and improve the delivery of services of the Malaysian Department of Insolvency and other departments to Malaysians.
M. Kula Segaran

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