EPF housing loan 'comes with 2.67 times guarantee'

2015-08-20 6

Although not all their questions have been answered, Pakatan Rakyat MPs are somewhat comforted by the Employee Provident Fund's (EPF) clarification on the RM1.5 billion home- loan plan.

"It will not be loaned directly to house buyers... it's given to the government and backed by a surety 2.67 times the value of the total loan amount given by EPF," Petaling Jaya DAP MP Tony Pua said today.

http://www.malaysiakini.com/news/188515

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