CTOS and Bob goes in hand. Now the story received a bit more prominence when Dep Min Kayveas joined the fray and began to highlight the woes that have affected other Bobs in the country.
One must take one's hat off to the Dep Minister in the Prime Minister's Dept over this. While this may be a bit late in the day for some, it could possibly help many others whose loan applications at various banks may be pending.
As the banks rightly said, they don't depend on CTOS information alone when processing loans. This is true no doubt. But one wonders how many loan applicants had their submissions rejected based on CTOS information? It could be revealing.
CTOS and the banks can also help by owning up. Small businessmen like Bob and thousand others had gone through bad times but recovered through perseverance and staying the course. These people have mouths to feed and are also responsible for their staff and other dependents.
This is perhaps where Bank Negara can step in. It can launch a special unit to process loan applications which had been rejected by banks, provided they can show documented evidence that they have clean records but not reflected in CTOS files.
Many people like Bob are about to fold up. Some are on the verge of losing their mind as well. Help them before they resort to something drastic or tragic.