I refer to Ctos CEO Chung Tze Keong's admirable reposte ( Kayveas, you'll hear from our lawyers ) and I congratulate him for defending himself. I think however he ought to spend more of his energy addressing peoples' concerns in the face of Ctos merely archiving information just because there was a pending legal action in court.

I had acted for a company who was sued solely (nothing else) for an injunction seeking to restrain my client from initiating a winding-up petition for unpaid debts. Now imagine the director's consternation when his application for a banking facility was rejected because his name was listed as a director of the said company. Why you ask would this director's financial capabilities be in question just because he was a director of a company which was restrained from pursuing a debt owed to the company?

He was denied the facility simply because Ctos carried information on the pending legal suit and the financial institution simply acted on it. Ctos ought to know that the information that they purvey carries the risk of someone suffering from it and I am sure Chung will be aware that is what they would say a duty to exercise care.

I am not saying Ctos should cease giving such a service. They should get relevant information and have a system to update the information. If they did that, Chung will get less brickbats than he already have. Instead he is running to the courts and fending off politicians.