Nation’s Car Loan Guarantors Off The Hook After PM’s Lawyer Suggests Signatures Don’t Matter

Malaysian Prime Minister Najib Razak in Kuala Lumpur

KUALA LUMPUR: Malaysians who had felt obligated to act as guarantor for a ‘fiscally challenged’ friend or relative breathed a sigh of collective relief this evening after the Prime Minister’s lawyer Datuk Mohd Hafarizam Harun confirmed signatures like Datuk Seri Najib Razak’s seen on questionable 1MDB financial documents were just a formality and don’t necessarily mean anything.

“Ever since I signed as guarantor on my cousin’s Honda CR-V, I was terrified I was personally liable if he misses a car loan payment,” admitted 24-year-old Faisal Bin Bakar.

“But now I can follow the PM’s example and say I don’t have time to micromanage my cousin’s car loan even if my signature appears on the guarantor form!  I’m off the hook!”

It is rumoured the government adopted a similar approach when signing the 2,000 page TPPA.

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