Daijiworld Media Network- Kundapur (RJP)
Kundapur, Jul 24: Police in Amasebail have registered cases against eight persons allegedly involved in lending money with very high interest, notoriously known as meter interest.
Only a few days back a similar case relating to meter interest was registered at Gangolli police station.
The action against the eight moneylenders was initiated after it was learned that Amasebail gram panchayat member Srinivas Poojary tried to commit suicide because of the harassment by them. Kundapur tahasildar Gayathri Nayak and Kundapur DySP M Manjunath Shetty with revenue officials went to Srinivas Poojary’s house and promised him that they would try to sort out his problem.
As per information, Srinivas had availed a loan from the money lenders on exorbitant interest rate. When he could not pay back in time and after he went through harassment by the moneylenders, he came to the decision of ending life. But as a last resort, he approached farmers association (Raitha Sangha). They brought the matter to the notice of deputy commissioner and police superintendent.
When the officials went to Srinivas’s house on Thursday July 24 evening, they learned that Srinivas had taken a loan of Rs 13 lacs on his property and vehicle. In order to settle that loan, he had to availed loans amounting to Rs 9 lac from the money lenders. A moneylender named Shekar Shetty had taken the documents of his 407 transport vehicle. Three property documents were also taken from Srinivas by the moneylenders. (Survey no. 159/13 for 1.16 acres, survey no. 128-P1 for 1.26 acres and survey number 127 for 90 cents). The moneylenders had also made him sign the documents and cheques.
Tahasildar and DySP after listening to Srinivas’s woes made arrangements to register cases against the money lenders into custody. Accordingly a were registered against Lakshman Shetty Kundapur, Shekar Shetty Kavrady, Kiran Shetty Hengavally, Sitaram Shetty Baluvalli, Narayan Shetty Baluvalli, Prashanth Thombattu, Divanand Kodgi Amasebail and Ansar Saheb Kandlur as per the Karnataka money lenders act . Police are investigating the case.