Suspect Iskandar Rahmat declared a bankrupt a day after committing murder

Iskandar Rahmat was declared bankrupt a day after committing the gruesome murders of Tan Boon Sin and his son Tan Chee Heong.

According to various sources, Iskandar was facing financial difficulties due to his domestic situation. He apparently owed more than $60,000 with a local bank. His debts were not due to gambling but believed to be related to mismanagement of his personal finances. 

Iskandar, single, is staying with his parents in a HDB flat in Toa Payoh. When reporters went to his house, they saw a young woman in the flat but occupants refused to be interviewed.

A Chinese tabloid reported that his father was working as a taxi driver while CNA said that he was a scooter enthusiast.   

It is unclear if Iskandar was motivated by money or otherwise.