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MP SPEAKS | On July 25, the Insolvency Department celebrated its turn of the century since it was first established in 1924. Underscoring the importance, significance, and contributions of the department to the nation and within the civil service, Prime Minister Anwar Ibrahim officiated the centennial celebration in Putrajaya. Last year, in announcing Budget 2024, Anwar announced the government’s compassionate “second chance policy” which sought the department to discharge at least 130,000 bankrupts by the end of the instant year. This landmark policy, the first of its kind in the history of M…

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