Earlier today, Khairy Jamaluddin seems to imply that CTOS is victimizing the Malays.
“Otherwise, many people will be victimised, especially Malays who may have settled their debts but get penalised by the information provided by CTOS,” he told reporters after the opening of the Rembau Umno Youth delegates meeting here.
The meeting was opened by Negeri Sembilan Menteri Besar Datuk Seri Mohamad Hasan, who is also the state Umno liaison chief.
Khairy said he noticed that most of the people on the CTOS blacklist were Malays. [Khairy Suggests Winding Up CTOS. Bernama. July 14 2007]
Worry not Malays because here comes the knight in shining armor to save the day!
It is amazing how he is trying to turn a completely ethnic-neutral issue into a racial one. While doing that, he portrays himself as a savior by calling for CTOS to be winded up. By calling for such action, the victimized Malays would be grateful to Khairy for fighting for the Malays.
Wicked rationale of a populist, I would say.
I personally doubt that CTOS is trying to get the Malays. In fact, CTOS, from my reading, does not blacklist people. It merely provides individual’s credit information which is available publicly.
Regardless, if it is true that most with bad credit rating are Malays, there is one possible easy explanation to that: the Malays make up the majority population in this country. Assuming everything else is the same, it would be rational to expect the number of Malays with bad credit rating would reflect the percentage of the Malaysian population.
I would be interesting to to see the percentage of individuals with bad credit rating based on ethnicity background. I am betting that the relevant percentage would reflect the composition of the Malaysian population.
