Umno Youth has challenged Finance Minister Tengku Zafrul Abdul Aziz’s statement that the government is unable to legally compel banks to allow a blanket loan moratorium.

In a statement today, it listed three laws that empowered Putrajaya to impose an “automatic” moratorium.

Criticising Zafrul’s “simplistic” explanation, Umno Youth chief Asyraf Wajdi Dusuki pointed to...