Help the people, not the banks, finance ministry told

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Umno Youth leader Asyraf Wajdi Dusuki raised questions about finance minister Tengku Zafrul Aziz’s commitment to the banking industry.PETALING JAYA: The finance ministry and Bank Negara must address lingering issues with the loan moratorium to ensure borrowers are not saddled with additional fees that only protect the banks, Umno Youth chief Asyraf Wajdi Dusuki has said.Asyraf said Umno Youth had received many complaints from borrowers whose terms were extended when they deferred their loan payments, resulting in higher total payments when the loan matures.“This means that the bank does not lose anything and even makes more profit, in other words, the bank takes advantage of the difficulties of the people,” he said in a Facebook post.“The finance minister must be more sensitive to their plight and think creatively and innovatively on how to help the people during the pandemic.…