Connect with us

North East

Prawit hands back seized assets from illegal money-lenders

Published

 on 

PHOTO: The Nation

Deputy PM Prawit Wongsuwan has presented 2,012 debtors in the Loei province, in far north-east Thailand, assets valued around 3.4 billion baht. The hand-over includes 1,773 land-title deeds held as collateral in dodgy loan scams.

Many people, holding documents to their chest, couldn’t hold back tears of joy over getting the assets they thought were lost due to “unfair contracts” with illegal moneylenders.

Prawit – in his capacity 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 help people get their assets back from off-system moneylenders.

The deputy PM said the north-east appeared to have the highest number of people – 560,000 of 900,000 nationwide – who have fallen victim to illegal moneylenders, so the authorities will do their best to help them with this issue of high-interest off-system debts that keeps people poor.

Prawit thanked all state agencies for helping solve problems and enforcing the law. He said this and the previous ceremonies had seen assets worth more than 13.7 billion baht returned to the people, including 9,526 land-title deeds covering 31,838 rai (5,100 hectares) nationwide.

The deputy PM has presided over all five large-scale ceremonies of this type, with similar smaller events held simultaneously by police in other provinces.

The north-east provinces provide a key role in next year’s national election. The centralist ‘yellow shirt’ parties are keen to attract voters in the country’s populous agricultural sector.

Prawit hands back seized assets from illegal money-lenders | News by Thaiger

SOURCE: The Nation

 

Get more from The Thaiger

Join the conversation and have your say on Thailand news published on The Thaiger.

Thaiger Talk is our new Thaiger Community where you can join the discussion on everything happening in Thailand right now.

Please note that articles are not posted to the forum instantly and can take up to 20 min before being visible. Click for more information and the Thaiger Talk Guidelines.

The Thaiger is Thailand's largest online portal for news, videos and information.

Follow Thaiger by email:

Road deaths12 hours ago

Dead woman in car pulled out of Kanchana Buri canal

World12 hours ago

As Iran revolts, president vows to deal with protests

Election13 hours ago

POLL: Top 2 picks for prime minister are “nobody” and Ex-PM’s daughter

China13 hours ago

No word from China on Xi military coup whispers

Pattaya14 hours ago

Intoxicated Pattaya tourist allegedly punches elderly Australian man in face

Thailand15 hours ago

Thai TikTok star detained at Singapore airport over huge amount of cash

Join the conversation on the Thaiger Talk forums today!
Kanchanaburi16 hours ago

Kanchanaburi school director found dead in canal

Pattaya17 hours ago

Small children in Pattaya learn to get help when locked in hot cars

Chiang Mai17 hours ago

Heavy rains collapse part of Chiang Mai’s ancient city wall

Events18 hours ago

6-hour whiskey drinking contest draws criticism

Pattaya19 hours ago

Pattaya official urges mayor to expand legal nightlife zone

Thailand19 hours ago

Things you can do in Thailand during the rainy season

Indonesia20 hours ago

Earthquake in Indonesia felt throughout southern Thailand

Patong20 hours ago

Foreign women rescued from rip current in Patong

Thailand2 days ago

Woman smashes up her 1.5 million baht car over feud with Ford Thailand

Thailand1 year ago

Morning Top Stories Thailand | Police to end protests, Human Trafficking | September 14

Thailand2 years ago

Thailand News Today | Thai Airways in rehab, All go for Songkran | March 4

Tourism2 years ago

Phuket’s nightlife. Yes, bars and clubs are still open | VIDEO

Phuket2 years ago

Thailand News Today | Covid passport talks, Thai Airways heads to court | March 2

Tourism2 years ago

Phuket Thai food treats you need to try | VIDEO

Thailand2 years ago

Thailand News Today | Bars, pubs and restaurants ‘sort of’ back to normal | Feb 23

Tourism2 years ago

In search of Cat & Dog Cafés in Phuket Town | VIDEO

Thailand2 years ago

Thailand News Today | Gambling crackdown, Seafood market to reopen, Vlogger challenge | Jan 21

Thailand2 years ago

Thailand News Today | Covid testing for visas, Business impact, Vaccine approval | January 19

Thailand2 years ago

Thailand News Today | Weekend Bangkok bombs, Thailand fires, Covid update | January 18

Thailand2 years ago

Thailand News Today | Stray car on runway, Indonesian quake, 300 baht tourist fee | January 15

Thailand2 years ago

Thailand News Today | Governor off respirator, sex-trafficking arrest, condo prices falling | January 14

Thailand2 years ago

Thailand News Today | Chinese vaccine, Thailand ‘drug hub’, Covid update | January 13

Thailand2 years ago

Thailand News Today | Bangkok may ease restrictions, Phuket bar curfew, Vaccine roll out | January 12

Thailand2 years ago

Thailand News Today | Covid latest, Cockfights closed down, Bryde’s Whale beached | January 11

Trending