MP declared bankrupt by High Court
KOTA KINABALU – Labuan MP Datuk Yussof Mahal is facing an uncertain political future after the High Court declared him a bankrupt on Aug 7.
Confirming the court order against him yesterday, Yussof said he was trying to resolve the matter “soonest”.
“As a matter of law and as an MP, I will abide by the court decision and at the same time I am doing my best to appeal and settle this case,” he said in a statement.
“It will be resolved soon to ensure my position as MP remains.”
Yussof, 56, who is the Labuan Corporation chairman, reminded the people of the island to stay calm and remain united and ignore the Opposition’s propaganda on the matter.
The Labuan High Court issued a notice of bankruptcy to Yusoff on Aug 7 but the amount owed was not revealed.
The bankruptcy order stemmed from an application filed on May 24.
When contacted, Dewan Rakyat Speaker Tan Sri Pandikar Amin Mulia said his office had not been informed of the bankruptcy order against Yussof.
To a question, Pandikar Amin said an elected representative would be required under the law to relinquish his parliamentary seat if he was declared a bankrupt. – The Star