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Prawit to present land title deeds back to 684 loan-shark victims in Northeast


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Posted

Prawit to present land title deeds back to 684 loan-shark victims in Northeast

By Seksanti Kalayanawisut 
The Nation

 

2f90d377003d268237ebd7921621b639.jpeg

File photo: Deputy Prime Minister General Prawit Wongsuwan

 

Deputy Prime Minister General Prawit Wongsuwan on Thursday will present land title deeds back to 684 debtors from 12 northeastern provinces who had reportedly fallen victim to unfair contracts with loan sharks.

 

The 754 title deeds – worth Bt1.5 billion in total and covering 3,170 rai (507 hectares) of land – will be presented in a ceremony held at the Thung Sri Muang in Udon Thani’s Mueang district, Pol Lt-General Surachai Kuandachacupt, commissioner of Provincial Police Region 4, said on Tuesday. 

 

Surachai also said more debtors were continuing to visit the provincial centres for public complaint-gathering in order to file complaints over unfair loan contracts and request the authorities to arrange their debt settlements with the money-lenders in question. 

 

He said the Udon Thani Court had so far approved eight arrest warrants for 12 alleged loan sharks, who had been in custody for the charges of fraud by lending money to others at a beyond-legal interest rate, of operating an illegal money-lending business, and of document forgery. 

 

Many money-lenders have also stepped forward to partake in the debt settlements and returned previously seized land title deeds to the debtors, the commissioner added.

 

Source: http://www.nationmultimedia.com/detail/breakingnews/30352132

 
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-- © Copyright The Nation 2018-8-14
  • Like 1
Posted

The heading should have read:

 

Prawit to present land title deeds back to 684 loan-shark victims in Northeast and will retain all of his watches in lieu 

  • Like 1
  • Haha 1
Posted
9 minutes ago, Chang_paarp said:

While it is a good intention, have the circumstances for these people changed? how long before they are in debt again?

waddya mean "again"??

Posted

Does anyone seriously believe that Prawit gives a rat's ass for the poor?

 

It is good that the poor get their land back, but where was Prawit four years ago? Three years ago? Two years ago? A year ago? This is cynical vote-buying.

 

And, does anyone think that Prawit will be back up north AFTER an election?

 

 

  • Like 2
Posted
7 minutes ago, kannot said:

vote buying in advance of the non election

Yea, sadly it is just that.

 

Reckon we should have a Sweepstake or a Rottery about February.

:laugh:

Posted
1 hour ago, colinneil said:

So Ole Fatty is giving back the land deeds, great say the debtors, we can use them next week to borrow more money.:cheesy:

Spoken like a true Brit - which I am also.

Cynical. But realistic.

The debtors will rubbing their hands in glee (cash).

 

:laugh::smile:

 

 

 

 

  • Thanks 1
Posted
4 hours ago, faraday said:

Yea, sadly it is just that.

 

Reckon we should have a Sweepstake or a Rottery about February.

:laugh:

Of course 

Posted

The giving of land papers to an illegal money lender means nothing. Until the original owner signs over the title there's nothing the money lender can do. The original owner can still access the land and farm it. The only thing the original owner can't do is obtain another loan on the land being as he no longer holds the paper. Such a silly story really as this practice has been going on for many years and always will do. Hearts and minds showcase.

  • Like 1
  • Sad 1
Posted

What is the legal rate for loans on land? Just asking because a relative got a loan from one of those money lenders arrested a couple of weeks ago. Maybe he will get his chanote from Prawit .......

Posted
23 hours ago, faraday said:

Is this really as good as it sounds?

 

Coz, if so, then I will attempt to overlook the watch malarkey

Giving the titles back is a good thing...but a ceremony? Really? Sounds like an effort to portray the Toad in a better light to improve his image since he is clearly dragging the already tarnished image of the junta down to new levels of miss-trust and criticism. 

  • Like 2

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