{"id":290174,"date":"2026-01-18T02:16:09","date_gmt":"2026-01-18T02:16:09","guid":{"rendered":"https:\/\/www.europesays.com\/ie\/290174\/"},"modified":"2026-01-18T02:16:09","modified_gmt":"2026-01-18T02:16:09","slug":"epf-savings-drained-to-repay-sons-debts","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ie\/290174\/","title":{"rendered":"EPF savings drained to repay son\u2019s debts"},"content":{"rendered":"<p>IPOH: His savings with the Employees\u2019 Provident Fund (EPF) have all been used to clear his youngest son\u2019s debts to loan sharks.<\/p>\n<p>\u201cI\u2019ve paid about RM70,000 to the ah longs,\u201d said a 59-year-old waiter, who wanted to be known only as Foo.<\/p>\n<p>Yet, these illegal money lenders have not stopped harassing him.<\/p>\n<p>\u201cEach time they call, they would demand a different amount,\u201d he said.<\/p>\n<p>Foo, who is pleading to the loan sharks to stop hounding his family and his neighbours, said he no longer has money to settle his 22-year-old son\u2019s debts.<\/p>\n<p>\u201cIt is useless to harass us,\u201d he said at a press conference organised by Pasir Pinji assemblyman Goh See Hua here yesterday.<\/p>\n<p>Foo added that his 54-year-old wife has been suffering from depression and that her condition had worsened due to stress.<\/p>\n<p>He said he had been contacted by several loan sharks between Dec 27 last year and Jan 4 this year, and that they had threatened to splash paint and burn his house down if he does not settle his son\u2019s debt.<\/p>\n<p>\u201cWhite and red paint was splattered in front of my house on Jan 12 and 13.<\/p>\n<p>\u201cBut the loan shark won\u2019t say how much in total my son owes them,\u201d said Foo, who is a father of three.<\/p>\n<p>He said he believed his son had borrowed from the loan sharks to feed his online gambling.<\/p>\n<p>\u201cHe works as a salesman and travels throughout the country most of the time.<\/p>\n<p>\u201cHe would only come home to ask for money to repay the debt and would leave after I transfer it to his bank account,\u201d he said.<\/p>\n<p>Foo said he had not been able to get in touch with him since seeing him last month.<\/p>\n<p>\u201cI want him to come back, take responsibility and settle the problem himself,\u201d he added.<\/p>\n<p>Goh cautioned about the dangers of gambling, saying: \u201cGambling is not a \u2018quick money\u2019 solution. It\u2019s better for people to earn money the old-fashioned way, which is through work.<\/p>\n<p>\u201cThere\u2019s just no end for anyone who gets too consumed with gambling, especially when they borrow money from loan sharks,\u201d he said.<\/p>\n","protected":false},"excerpt":{"rendered":"IPOH: His savings with the Employees\u2019 Provident Fund (EPF) have all been used to clear his youngest son\u2019s&hellip;\n","protected":false},"author":2,"featured_media":290175,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[177],"tags":[79,52760,164,18,29247,144907,34058,19,144903,17,144904,30610,144906,234,235,144905],"class_list":{"0":"post-290174","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-personal-finance","8":"tag-business","9":"tag-debts","10":"tag-depression","11":"tag-eire","12":"tag-employees-provident-fund","13":"tag-goh-see-hua","14":"tag-harassment","15":"tag-ie","16":"tag-ipoh","17":"tag-ireland","18":"tag-loan-sharks","19":"tag-online-gambling","20":"tag-pasir-pinji","21":"tag-personal-finance","22":"tag-personalfinance","23":"tag-salesman"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ie\/115913699032388787","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/290174","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=290174"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/290174\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/290175"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=290174"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=290174"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=290174"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}