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Celebrities hiding income risk legal action, says Insolvency Dept chief
Celebrities hiding income risk legal action, says Insolvency Dept chief

New Straits Times

time03-08-2025

  • Business
  • New Straits Times

Celebrities hiding income risk legal action, says Insolvency Dept chief

KUALA LUMPUR: The Insolvency Department is monitoring popular celebrities declared bankrupt who are suspected of hiding high incomes from their artistic work by channelling payments into the bank accounts of others, including employees or family members. Director-General of Insolvency Department Datuk Ishak Bakri said investigations include companies hiring the bankrupt artists to trace where payments were directed. These individuals are required to report their income every six months under Subsection 38(1)(b) of the Insolvency Act 1967 [Act 360]. "We know many popular bankrupt artists still earn good income but hide it from us. Payments are made into the accounts of family members, managers or employees," he said. He added that failure to declare income not only hampers their chances of being discharged from bankruptcy but also violates the law and may result in court action. Section 38 of the Insolvency Act requires bankrupts to submit their income and expenditure statements every six months and surrender any surplus funds to the department. Ishak said some celebrities ignore this duty and fail to make the required monthly contributions despite earning from their work. The department may call companies involved to provide information for auditing purposes. President of the Malaysian Artistes Association (Seniman), Zed Zaidi, urged celebrities to take responsibility and set a good example by resolving their bankruptcy issues. Ishak said the department is open to discussions with bankrupt individuals, including celebrities, who want to resolve their cases. However, many avoid contact out of shame or fear, making it harder to help them. "There's no point flaunting a lavish lifestyle on social media as if nothing is wrong, yet failing to make small monthly payments based on their means," he said.

Tabung Kasih@HAWANA inspires seniman to set up artistes welfare fund
Tabung Kasih@HAWANA inspires seniman to set up artistes welfare fund

The Sun

time13-06-2025

  • Entertainment
  • The Sun

Tabung Kasih@HAWANA inspires seniman to set up artistes welfare fund

KUALA LUMPUR: The Malaysian Artistes Association (Seniman) views the success of Tabung Kasih@HAWANA as a model worth emulating to safeguard the welfare of local artistes and arts industry practitioners. Its president, Rozaidi Abdul Jamil, better known as Zed Zaidi, said the HAWANA fund is an inclusive initiative that can provide ongoing benefits to media practitioners. 'The successful establishment of a fund to look after the welfare of media practitioners has inspired Seniman to create a similar fund for local artistes. 'At the moment, we do not yet have a welfare fund, but under the Malaysia Film Association Coalition (Gafema), we are planning to establish a special fund similar to Tabung Kasih@HAWANA to protect the welfare of those in the arts industry,' he said when met at the HAWANA 2025 Carnival at Sunway Putra Mall here today. Zed Zaidi also sees potential collaboration between Seniman and the National Journalists' Day (HAWANA) platform through MyCheck Malaysia (Bernama's fact-checking unit) and the Malaysian Communications and Multimedia Commission to educate artistes on efforts to combat false information. 'This is my first time hearing about MyCheck Malaysia. It has the potential to become one of the platforms for special programmes with celebrities as agents to create awareness for the public,' he said. He said apart from celebrities, Seniman also comprises influencers who often lack clear guidelines for information sharing. 'Sometimes when they share something, it may be based on facts but gets distorted until it turns into falsehood, which the public may then perceive as fact. This contributes to the spread of fake news and misinformation. 'Therefore, we can combine suitable programmes, including workshops or awareness sessions involving the media to educate the public about the importance of fact-checking,' he said. The HAWANA 2025 Carnival runs for three days starting today and is part of this year's HAWANA celebration, themed 'Journalism in the New Era: Embracing AI, Safeguarding Ethics'. The highlight of HAWANA 2025 will be the official launch by Prime Minister Datuk Seri Anwar Ibrahim at the World Trade Centre Kuala Lumpur tomorrow. Over 1,000 media practitioners, representatives from local journalist associations and media organisations from ASEAN member states have been invited, bringing together media professionals and industry experts to exchange ideas and foster strategic partnerships.

Tabung Kasih@HAWANA Inspires Seniman To Set Up Artistes Welfare Fund
Tabung Kasih@HAWANA Inspires Seniman To Set Up Artistes Welfare Fund

Barnama

time13-06-2025

  • Entertainment
  • Barnama

Tabung Kasih@HAWANA Inspires Seniman To Set Up Artistes Welfare Fund

KUALA LUMPUR, June 13 (Bernama) -- The Malaysian Artistes Association (Seniman) views the success of Tabung Kasih@HAWANA as a model worth emulating to safeguard the welfare of local artistes and arts industry practitioners. Its president, Rozaidi Abdul Jamil, better known as Zed Zaidi, said the HAWANA fund is an inclusive initiative that can provide ongoing benefits to media practitioners. 'The successful establishment of a fund to look after the welfare of media practitioners has inspired Seniman to create a similar fund for local artistes. 'At the moment, we do not yet have a welfare fund, but under the Malaysia Film Association Coalition (Gafema), we are planning to establish a special fund similar to Tabung Kasih@HAWANA to protect the welfare of those in the arts industry,' he said when met at the HAWANA 2025 Carnival at Sunway Putra Mall here today. Zed Zaidi also sees potential collaboration between Seniman and the National Journalists' Day (HAWANA) platform through MyCheck Malaysia (Bernama's fact-checking unit) and the Malaysian Communications and Multimedia Commission to educate artistes on efforts to combat false information. 'This is my first time hearing about MyCheck Malaysia. It has the potential to become one of the platforms for special programmes with celebrities as agents to create awareness for the public,' he said. He said apart from celebrities, Seniman also comprises influencers who often lack clear guidelines for information sharing. 'Sometimes when they share something, it may be based on facts but gets distorted until it turns into falsehood, which the public may then perceive as fact. This contributes to the spread of fake news and misinformation. 'Therefore, we can combine suitable programmes, including workshops or awareness sessions involving the media to educate the public about the importance of fact-checking,' he said.

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