Housing and Local Govt Ministry denies advertising personal loans

The Housing and Local Government Ministry today stressed that it was not involved in an advertisement offering "Lestari Pinjaman Peribadi KPKT" (Lestari Personal Loan) personal financing to the public.

The clarification was issued following an advertisement that went viral on Facebook which used the ministry's logo and a licensed Community Credit company registered under the Money Lenders Act 1951 (Act 400).

"The ministry takes a serious view of any licensed or unlicensed moneylender or company that misuses the...