Police crackdown on loan sharks, build list of 1,000 suspects

BANGKOK, April 5th, 2017 (NNT) – The Royal Thai Police force has put together a list of 1,000 suspects involved in loan sharking across the country and is moving to build evidence to seek warrants for their arrest.

Deputy Commissioner-General of the Royal Thai Police, Pol Gen Chalermkiat Sriworakhan was briefed via videoconference on the progress of cases involving informal debt and loan sharks. He instructed all nine provincial police divisions to build their cases against informal creditors who arrange loans with illegally high interest rates.

Full story: NNT

Reporter: Itiporn Lakarnchua,
Rewriter: Rodney McNeil
National News Bureau of Thailand

Leave a Reply

Your email address will not be published. Required fields are marked *

george


Thailand News delivers the latest updates and in-depth coverage on all things Thailand. We offer a wide array of topics, including breaking news, politics, tourism, business, culture, lifestyle, and entertainment. Get breaking news and the latest news headlines from Bangkok, Phuket, Pattaya, Chiang Mai, Northern Thailand, Isan, the insurgency-plagued South and Asia.