Loan sharks demand debtors give daughters to settle debts - News Summed Up

Loan sharks demand debtors give daughters to settle debts


The case has landed in court with a civil judge restraining the loansharks from harassing families who are unable to repay their debts. He issued notices to the SHOs of Cantt and RA Bazaar police station for allegedly failing to act against the money lenders. Judge Najeebullah further summoned the usurers Hussain and Hasan Akhtar for allegedly violating the Punjab Prohibition of Private Money Lending Act 2007. Therefore, they were forced to pay as much as Rs15,000 a month against a loan of just Rs100,000. At this, the court issued notices to all respondents and summoned them to the court on May 7.


Source: The Express Tribune April 17, 2020 04:07 UTC



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