Two locals arrested for unlicensed moneylending

MIRI: Two local men were arrested for alleged unlicensed moneylending (Ah Long) activities in the district during an operation codenamed ‘Ops Vulture’. Miri police chief ACP Alexson Naga Chabu said the suspects were detained by the Commercial Crime Investigation Division (CCID) around 11 am last Tuesday (Mar 19). “They were arrested on suspicion of being […]

MBKS to request MCMC to block numbers on Ah Long ads

KUCHING: The Kuching South City Council (MBKS) will be sending a formal letter to the Malaysian Communications and Multimedia Commission (MCMC) to block phone numbers displayed on illegal moneylender posters, banners and fishtails. Mayor Datuk Wee Hong Seng said, aside from the council’s effort to remove the fishtails, posters and banners around the city, they […]

Cops nab four debt collectors in Sibu

SIBU: Four local men, allegedly working as debt collectors for an unlicensed moneylender (Ah Long), were arrested last week. Sarawak Police Commissioner Datuk Mohd Azman Ahmad Sapri said the first three suspects were taken into custody along Jalan Lada on Friday (Sept 22). He said a crime prevention patrol team had intercepted a suspicious-looking Proton […]

Licensed moneylenders operating like ‘Ah Longs’

By Muhammad Basir Roslan KUALA LUMPUR: They may be registered with the Ministry of Local Government Development and regulated by the Moneylenders Act 1951 (Act 400) but the modus operandi of certain licensed moneylending companies is no different from that of loan sharks or ‘Ah Longs’ that charge ridiculously high interest rates and resort to […]

Seven hired by loan shark for arson, vandalism arrested

KUCHING: Police arrested seven locals who allegedly burning down a house and splashing paints on another house and a furniture store recently. The suspects were believed to be hired by a foreign ‘ah long’ syndicate through social media. Sarawak Police Commissioner Datuk Mohd Azman Ahmad Sapri said the men were for RM1,500 each to commit […]