Loan shark coercion spurs suicide

AHMEDABAD: Even with incidents of suicides and try to suicides from psychological and bodily torture by mortgage sharks on the upward thrust, town police appear toothless on the subject of curbing illegal moneylending at top rates of interest.

On Tuesday two such incidents got here as a surprise. A woman in her forties tried suicide by eating phenyl in Ramol, and an auto driving force Surendra Thakor, 35, of Naroda, who was jobless in spite of being a BCom stage holder, committed suicide by eating poison as he was under constant power to pay again the Rs 3 lakh he had borrowed at 10% pastime per thirty days.


Thakor has left behind a suicide note scribbled on a notebook page of his daughter naming the 2 moneylenders Praveen Marathi and Nilesh Rabari who had threatened him of dire consequences if he did not pay the pastime.


Ramol police resources said Sunita Verma had borrowed some cash at top rates of interest. “The mortgage sharks had seized her shop, which was her best way of livelihood and even threatened to grab her space if she does not pay off the pastime,” said a local social employee. “Verma could not undergo the torture any longer and ate up phenyl. While the law enforcement officials have just taken her utility and not registered an FIR, Verma is still in crucial situation in LG medical institution,” he said.


The victim’s members of the family said they are looking forward to the postmortem record to do so against the mortgage sharks. It is noteworthy that town police has chalked out a pressure to curb illegal cash lending trade which has led about four to commit suicide right through the previous one and part months in town alone but members of the family of the victim claim that no action on the floor is observed against the mortgage sharks.


Loan shark coercion spurs suicide Loan shark coercion spurs suicide Reviewed by Kailash on March 23, 2018 Rating: 5
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