Loan Sharks Rule Over Councils ?
Results 1 to 15 of 15

Thread: Loan Sharks Rule Over Councils ?

  1. #1
    Join Date
    Jul 2006
    Location
    Surfing in my toilet
    Posts
    2,690

    Loan Sharks Rule Over Councils ?

    Look at the photos.

    Previously, loan sharks distribute their calling cards. Then they started sticking stickers with their contacts on it.

    Now, they are using banners. This is ridiculuous. I happen to pass by a housing area in Klang and this is what the loan sharks are doing. They rule over the council!

    With the advancement of technology and with the requirement from the Ministry of Science, Telecommunication and Whatever, of registering mobile phone numbers, yet this loan shark menace cannot be eliminated. I hope Lim Keng Yaik looks at this thread. See for your self Lim! What is the use of you registering phone numbers when loan sharks still advertise with their phone numbers like this.

    Our tax payers money are going to Michael Chong who will later listen to victims.
    Attached Images Attached Images

  2. #2
    Join Date
    Jul 2006
    Location
    Surfing in my toilet
    Posts
    2,690
    The loan sharks are much more efficient than any government department. Why? They even accept SMS registrations!!
    Attached Images Attached Images

  3. #3
    Join Date
    Jul 2005
    Location
    Sunway
    Posts
    1,120
    Not only in Klang, but all around Klang Valleys.

    And seems like our local councils aren't doing anything about it!
    People should not be afraid of their government, the government should be afraid of the people. - V
    When the people fear their goverment there is tyranny, when the goverment fears the people there is LIBERTY! - Thomas Jefferson

  4. #4
    Join Date
    Jul 2006
    Location
    Surfing in my toilet
    Posts
    2,690
    Greyshadow. If you notice, there is no Council registration numbers on the advert. So it is definitely illegal.

    have you seen any other of such banners ?

    you could share it here.

  5. #5
    Join Date
    Dec 2005
    Location
    MPSJ tax payer
    Posts
    1,570
    saw one in SS18/SS14 yesterday!!
    Eye of the Tiger!!!

  6. #6
    Join Date
    May 2007
    Location
    malaysia
    Posts
    582
    Its everywhere......my garage gate is like a notice board for the loan sharks.....I got tired of peeling and repainting my gate. I just leave it there....

  7. #7
    Join Date
    Jul 2005
    Location
    Sunway
    Posts
    1,120
    Sunway, Section 13, section 14, SS2...
    they are everywhere lar....

    they even offered a monthly salary deduction plan!!
    People should not be afraid of their government, the government should be afraid of the people. - V
    When the people fear their goverment there is tyranny, when the goverment fears the people there is LIBERTY! - Thomas Jefferson

  8. #8
    Join Date
    Apr 2005
    Location
    usj5
    Posts
    489
    loan sharking may be a lucrative and illegal business-its very existence only reflects that theres a demand for such services in our society

    why?

    try asking for a loan of 1000 ringgt from the bank.u will need tonnes of income proof for such an insignificant amount.thus its not incoceivable that the alongs capture a niche market among the 'marginalised'populace delivering a service not available from legal lending institutions

    we may not condone this kind of lending practices,however the reality on the ground is that there is a need for such services idiom-caught between a rock and a hard place

  9. #9
    Join Date
    Jul 2006
    Location
    Surfing in my toilet
    Posts
    2,690
    I saw one in Cheras. Very near the police station

  10. #10
    Join Date
    Oct 2006
    Location
    SG
    Posts
    35
    This is not something, you should know. This is how Malaysia government like ?They keep talking.. talking and no actions taken... "Get rid of pirated CDs, get rid of loan-sharks, get rid of corruption etc...".

    Do you see any results in long run ?

  11. #11
    Join Date
    Sep 1999
    Posts
    1,075
    I thought I read somewhere that the money lending act comes under the purview of the Ministry of Housing & Local Government. Anyone can confirm.?

    I think that is why the police are quite helpless on this. Just like the case of the police not able to act effectively in Sarawak because of some legislation or lack of it...

    Cheers!
    FonZie

  12. #12
    Join Date
    Apr 2005
    Location
    usj5
    Posts
    489
    Quote Originally Posted by p031642
    This is not something, you should know. This is how Malaysia government like ?They keep talking.. talking and no actions taken... "Get rid of pirated CDs, get rid of loan-sharks, get rid of corruption etc...".

    Do you see any results in long run ?
    AGREED. too much vested interest,too much rhetoric ,only good in firing blanks

  13. #13
    Join Date
    Jul 2006
    Location
    Surfing in my toilet
    Posts
    2,690
    Quote Originally Posted by fonzie
    I thought I read somewhere that the money lending act comes under the purview of the Ministry of Housing & Local Government. Anyone can confirm.?

    I think that is why the police are quite helpless on this. Just like the case of the police not able to act effectively in Sarawak because of some legislation or lack of it...

    Cheers!
    FonZie
    I can accept that maybe certain things are under certain department.

    With today's technology, don't tell me their is no co-ordination whatsoever ? One could simply pick up the phone and phone UK or USA in less than a minute

  14. #14
    Join Date
    Sep 1999
    Posts
    1,075
    Co-ordination...?

    Dream on man, dream on...-

    Cheers!
    FonZie

  15. #15
    Join Date
    Jul 2006
    Location
    Surfing in my toilet
    Posts
    2,690
    Quote Originally Posted by fonzie
    Co-ordination...?

    Dream on man, dream on...-

    Cheers!
    FonZie
    how to dream ?

    go to bed also scared (no peace mah)

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •