BIRGUNJ, Nov 27: The District Administration Office (DAO), Parsa, has so far addressed 438 cases related to loan-sharking. Parsa's Assistant Chief District Officer Shiba Prasad Lamsal said they had received a total of 1,321 complaints through the online registrations and sorted out 438 of them through mutual discussions, bringing justice to the victims.
Due to the lack of mutual understanding, legal proceedings have been initiated in two cases. The majority of complaints revolved around issues related to borrowing of money and land. In some cases, the victims were deceived during the loan acquisition process. On paper, they took more loans than they actually received.
DAO Saptari resolves 81 cases related to loan-sharking in Rajbi...
It may be noted that in July of this year, parliament passed a Bill, recognizing usury, primarily prevalent in the Terai region, as a criminal offense. This legislative move came in response to a five-point agreement reached between the government and victims of loan sharks in April.
