- if indian money lender, it's called Chettiah
- malay is called, lintah darat
I am very ashamed to be a chinese. Treat human worst than dog!!!
and they got the guts to say, we only use force if they don't pay up!!! hello, did you hear yourself speak?
Why the fark did you borrow them in the first place if they cannot pay?
PUTRAJAYA: Datuk Seri Najib Tun Razak is shocked and appalled at the level of cruelty loan sharks inflict on defaulters and wants authorities to take action against the culprits.
The Prime Minister said he could not believe how inhumane some Ah Longs could be against those who fail to settle their debts.
“I’m truly shocked with what the media had reported. Authorities must take swift action.
“This is a lesson for all Malaysians. I hope they realise the danger and negative implications of borrowing money from loan sharks. The public should never take loans from them,” he told reporters yesterday.
The Prime Minister was commenting on media reports of three men who were rescued by the police after being held captive for two months by loan sharks when they failed to settle their debts.
The victims, aged 25, 34 and 49 years, were abducted from Segambut, Semenyih and Gombak and were held in a shoplot in Seri Kembangan after failing to settle their debts of between RM1,500 and RM4,000 each.
They were found chained by their necks and legs and showed signs of having beaten by their captors.
On speculation over changes in the Petronas management, Najib, who is Finance Minister declined to comment, saying that “(I) don’t know yet”.
There has been talk of that a new chairman would be appointed for the national petroleum company. Among the names mentioned was that of a former minister. Tan Sri Mohd Hassan Marican is the current Petronas chairman.
On whether he has decided to attend the People’s Progressive Party annual general meeting on June 7, the Prime Minister said that he had yet to check the Registrar of Societies (ROS) report on the party’s status.
On Tuesday, Najib said he wanted a full report from ROS on PPP’s leadership crisis before he would open its annual general meeting
Syndicate the worst Chong has seen in his decades of work
PETALING JAYA: Datuk Michael Chong came to know about the syndicate that “kidnaps” loan defaulters three months ago but was forced to keep silent as police were carrying out investigations.
The MCA Public Services and Complaints Department head said that in his decades of service helping people in Ah Long matters, what the syndicate did to their victims – kidnapping them, chaining and feeding them scraps – was the worst he had ever seen.
“I am appalled at the lengths one can go to hurt another just for the sake of money,” Chong said yesterday.
He first came across such a case when a Chinese national woman pleaded with him to help her find her missing Malaysian husband.
Chong, who had thought it was a missing person’s case at first, later found out that the husband had been locked away for more than 10 days and was only released after the “ransom”, which was the loan money, was paid up by the wife.
He then alerted the police about the “sadistic” Ah Long syndicate.
“The next case with an identical modus operandi came to me about two months ago. A young man was badly beaten up and had pleaded to his family for his life.
“At this point, I realised that something really bad was going on and quickly informed the Selangor and Kuala Lumpur police about the existence of such a syndicate, which kidnaps its victims who do not pay up their loans,” Chong said.
However, Chong was told to “lie low” as police were investigating the case.
Six weeks ago, he was approached by the family of a woman who had been taken, chained and beaten up badly. The family was told that she would not be released until they paid up her loan. She was released after a week.
Two weeks ago, he found out that a woman in her 40s had been kidnapped. She was stripped from waist down and caned on her buttocks.
“The Ah Long captured the beatings in their camera phone and sent an MMS to the woman’s family, ordering them to pay up or more punishment would be meted out on the woman.
“Again, I was urged to stay calm by my friends in the police force who told me they were close to cracking the case,” Chong said.
He was relieved to know the syndicate had been busted and paid tribute to the Selangor police and Kuala Lumpur police over the success.
“Some of the families told me they would get calls from the syndicate, who made them listen to their loved ones shout and cry for help as they were beaten up,” he said.
what do you expect when the man who deals with the ah long cases the most is a major ah long taikor?
by the way, the reason the ah longs get to operate is due to the failure of our banking system. banks today only want to lend money to 'safe' people. and it is those who are less credit worthy who needs the loans most. we have a huge gap in matching this. but you can't really blame the banks when they already have enough bad risk due to loans they are 'forced' to give out.
all banks accept a certain level of high risk. but if the high risk quota has been taken up by 'someone else', then no more left la...
further more, loan assistance provided by the government favours only certain people in the country.
we would like to blame the people who borrow from ah longs. remember, not all of them borrow to repay gambling debts. some are really in need of the money. medication of loved ones for example.
the socio-economic policies of this country is wrong and fucked up. guess who's fault it is? our parents! they are afraid of changes. we need changes in this country.
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