By K. C. Vijayan, Law Correspondent
NEARLY every other day last year, one bankrupt was caught for
sneaking out of the country or committing other offences under the
Bankruptcy Act.
That figure was a three-year high, even as the number of new
bankrupts dropped for the same period, and came as a result of two
public agencies sharing information.
The Insolvency and Public Trustee's Office (Ipto) linked up with
the Immigration and Checkpoints Authority (ICA) last year to track
travel by bankrupts, who are not allowed to leave the country
without permission.