Free Consultant
Informal debt tension pressured the man putting the knife near the neck as a complaint at Government House. Police at the rescue of debt compromise
The man was stressed out of informal debt that increased from 400,000 to 2 million baht, causing a knife near their throat to complain in front of Government House and hope the Prime Ministry’s help. The Royal Thai Police is reluctant to investigate and mobilize to crack down on the informal loan capitalist revealing the figure for 8 months, collecting more than 2 thousand people and seizing more than 500 million baht.
Maj. Gen. Suwat Jangyodsuk, Commissioner, Maj. Gen. Piya Utayo, Deputy Commissioner and Pol. Maj. Gen. Thanayut Wutticharatthamrong, the Royal Thai Police Commissioner announced the clearance of loan capitalists that allow people to borrow money at an interest rate beyond the law stipulates illegal debt, borrowing money that is fraudulent people, or the contract of exploiting the people.
Maj. Gen. Piya claimed that “it began last week, with Mr. Prasert Adam, 61, a farmer in Pathum Thani, filed a complaint at the Government House in which the Prime Minister voiced his concern. He then ordered through police commanders to examine the informal loan capitalists. In addition, there are also brutal capitalists overcharging the legal rate and taking the car pledge by charging an excessive interest rate. In this regard, the Commander-in-Chief has emphasized that the operation must go on and expand the results of the audit to the capitalists by enforcing all possible charges that can be legally executed. The main prosecution will be filed with the interest rate exceeding the legal rate of informal loan business with The Debt Act, including the examination of financial routes, coordination with AMLO (Anti-Money Laundering Office) in the further seizure of assets”
From the case that Mr. Prasert Adam made a complaint at the Government House, using a knife to hold it near his throat, requesting a meeting with the Prime Minister due to borrowing money from capitalists in the amount of 400,000 baht, but was sued to the court to ask for a refund of 2,300,000 baht without legal help anyhow.
In this case, the police went to the investigative area and talked to Mr. Prasert, thus knowing the problem that he actually borrowed money from the capitalist by borrowing money from Mr. Udom Jai Euaufeu in the area of Moo 6, Khlong Phra Udom subdistrict Lat Lum Kaeo district, Pathum Thani since 2014, at 1-3 hundred thousand baht per time and have paid interest for a long time, but the principal has not reduced at all in addition to a lawsuit filed by the court to repay the total debt of 2.3 million baht at the beginning of the year. Because of this, he caused this incident. After getting a search warrant at 31/2021 from the Pathumthani Provincial Court, dated February 10, 2021, to search Udom’s house, it found 23 copies of land title deeds, loan agreements with 16 power of attorney, 2 firearms and loan accounts, 1 safe box and loan logbook with a list of 57 borrowers, totaling about 22 million baht which they were all seized as evidences. Then, coordinated the Informal Debt
Compensation Subcommittee in Pathum Thani Province to mediate debt settlement. As a result, Mr. Udom agreed to enter into a compromise agreement in accordance with the Ministerial Regulation on the Dispute Resolution Act B.E. 2562. At first, Mr. Prasert was sued for enforcement of a debt settlement of 2,348,475 baht. Mr. Udom agrees that Mr. Prasert will only pay the principal of 300,000 baht within a period of 2 years as well as withdrawn and returned the title deed for both parties to be able to reach an agreement. After this, the police will examine the remaining title deeds, including borrowing documents and other relevant documents, and will follow up with other witnesses to testify. If found guilty of the law, it will legally proceed.” Maj. Gen. Supathee Bunkrong, Deputy Commander informed.
Pol. Maj. Gen. Thanayut added that “The Suppression of Offenses to Illegal Debt Center, Royal Thai Police still executes the operation from June 8 2020 until present. There was a total of 3,754 complaints from the people. Completed cases are 3,345 issues, or 89.1 percent. Ongoing cases are 409 issues categorizing into offense type as follows: 1. Exceeded interest rate of 2,172 cases as 57.86 percent, 2. Helmet 895 cases as 23.84 percent, 3. Online loans 536 cases, 4. Car pledge 53 cases, 5. Land sale 6 cases, 6. Land mortgage 30 cases, 7. Placing collateral 37 cases, 8. Others 5 cases. As a result, were able to arrest 1,986 convicts, seize 2,183,939 baht in cash, 20 weapons, more than 3,000 related accounts, 500 cars and motorcycles, 145 land deeds, and overall was worth over 500-million-baht seizure.”
Another emerged case, Pol. Colonel Phadon Chandon, ECD Superintendent General with The Royal Thai Police’s informal debt suppression operation has brought a search warrant at 14/2021 from the Chaiyaphum Provincial Court dated February 2021, 8 to search the house at 262 Moo 11, Khon Sawan subdistrict, Khon Sawan district, Chaiyaphum, the house of Mrs. Wongchan Kong Noi, the capitalist over the law in the area of Khon Sawan district, Chaiyaphum. The borrower who wants the money must use their own title deed as collateral for the loan by allowing the borrower to enter the loan contract only listed in the contract without detailing the loan amount in the contract at all and charge the interest rate at 5 percent per month or 60 percent per year. As a result, found 17 title deeds, 28 title deeds with loan contracts, 23 loan agreements, 6 bank accounts, 50,000-baht cash, and 2 tractor registration manuals. Thus, the officers will examine the origin of the land title deed and loan agreement, and if it is found to be illegitimate through the informal loan lending, it will continue to prosecute the perpetrator and related individuals according to the particular law.
Furthermore, Pol.Maj.Gen. Panumat Boonyalak, Commissioner of Cyber Crime Investigation Bureau disclosed the seizure of large car pledge warehouses in the eastern region by inspecting 3 targets in Chonburi and arrested 4 suspects, a total of 44 cars and 15 motorcycles seized. All of which agreed that the car was pledged to the owner of the car with service charges and interest with a floating ownership transfer contract. From this
point onwards, the police will investigate the origin of the vehicle, and if it is found to be stolen, pledged or operated illegally, the prosecution will be filed. For more news, please follows at www.thac.or.th
Sources: https://mgronline.com/crime/detail/9640000014979
