Prawit hands again seized property from unlawful money-lenders

PHOTO: The Nation
Deputy PM Prawit Wongsuwan has presented 2,012 debtors in the Loei province, in far north-east Thailand, property valued round 3.4 billion baht. The hand-over consists of 1,773 land-title deeds held as collateral in dodgy loan scams.
Many individuals, holding paperwork to their chest, couldn’t hold again tears of joy over getting the belongings they thought had been misplaced due to “unfair contracts” with illegal moneylenders.
Prawit – in his capability as deputy PM supervising police affairs – presided over a ceremony at Loei Pittayakom School in Muang district. This is the fifth time that a big ceremony has been held to assist individuals get their belongings again from off-system moneylenders.
The deputy PM stated the north-east appeared to have the highest number of individuals – 560,000 of 900,000 nationwide – who’ve fallen victim to unlawful moneylenders, so the authorities will do their greatest to help them with this problem of high-interest off-system money owed that keeps individuals poor.
Protected thanked all state agencies for serving to clear up problems and imposing the legislation. He stated this and the previous ceremonies had seen belongings value greater than 13.7 billion baht returned to the folks, together with 9,526 land-title deeds masking 31,838 rai (5,100 hectares) nationwide.
The deputy PM has presided over all 5 large-scale ceremonies of this sort, with related smaller occasions held concurrently by police in different provinces.
The north-east provinces present a key role in next year’s nationwide election. The centralist ‘yellow shirt’ parties are eager to attract voters within the country’s populous agricultural sector..

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