Jump to content

256 Cases So Far Filed Against Stonewalling Loan Sharks


Recommended Posts

image.jpeg

 

A TOTAL OF 256 lawsuits have been so far filed on charges of illicit lending business against loan sharks who have allegedly stonewalled on debt settlement bids, according to a senior government official.

 

Those informal money lenders have allegedly stonewalled or even failed to attend compromise-based negotiations to settle the illicit debt arranged between themselves and their indebted people with government officials acting as mediators, prompting the authorities to proceed with 256 cases in court, said Interior Ministry Undersecretary Sutthipong Chulcharoen.

 

The authorities-mediated negotiations have so far succeeded in settling a combined 635 million baht in illicit debt borne by 11,149 among a total of over 18,000 debtors who had so far attended the debt settlement process, the undersecretary said.

 

By Thai Newsroom Reporters

TOP: Representative images of illicit money lending. Photo: Thai Rath 

 

Full story: THAI NEWSROOM 2024-02-05

 

- Cigna offers a range of visa-compliant plans that meet the minimum requirement of medical treatment, including COVID-19, up to THB 3m. For more information on all expat health insurance plans click here.

 

Get our Daily Newsletter - Click HERE to subscribe

 

Join us now!

Link to comment
Share on other sites

30 minutes ago, flyingtlger said:

The loan sharks think by ignoring the negotiations everything will go away.

Maybe they have brains of a fish, no wonder they're called sharks.....

 

 

RTP needs to crack down hard on these jokers, ruining lives all over the country.

  • Confused 1
Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Recently Browsing   0 members

    • No registered users viewing this page.








×
×
  • Create New...
""