According to MIC president and MIED chairman Datuk Seri S. Samy Vellu, only RM34,907,357.83 has been repaid from loans amounting to around RM90mil.
MIED, the educational arm of MIC, has disbursed around RM90mil through 12,500 study loans for around 9,500 students since its inception in 1984. The Star, 14 May'09
My Comment:
If its loan, you are suppose to repay it so that other Indians can benefit from it. Now I realise, Indians are killing Indians. Thus, we don't need other races to segregate us.
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