There is no requirement for civil servants applying for government housing loans to only engage law firms with bumiputera partnerships to have their loan documents processed, said Deputy Finance Minister Chua Tee Yong today.
He had called the Public Sector Housing Finance Agency (LPPSA) to brief him on this, and was reassured that such a requirement does not exist in government policy.
This is in response to MCA Youth legal bureau chief Ng Kian Nam, who had said this requirement is fostering racism within the legal profession.
Chua explained that bumiputera partnerships should not be a condition for selection to the panel of lawyers approved by LPPSA to process applications for government housing loans by civil servants
However it has a strict assessment and evaluation process of law firms to ensure documents are in order and minimise unnecessary backlog.
This had caused the disqualification of many small and medium law firms, he admitted.
However, he added that he had asked the LPPSA to review the assessment system to include more small and medium law firms in the panel.
LPPSA will officially take over the function of the Housing Loans Department starting Jan 1st next year, Chua also disclosed.-Mkini
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