EPF Account 2 not collateral to a bank - Ahmad Maslan

PARLIAMENT | The Employees Provident Fund (EPF) Account 2 support facility is not in the form of collateral offered by a borrower to a bank, said Deputy Finance Minister I Datuk Seri Ahmad Maslan.

He said a bank cannot use a borrower’s EPF savings if the (EPF) member or borrower fails to pay his loan instalments...