He said that the taskforce would encourage settlement of disputes through the payment of the exact loan amount and an interest rate which is not more than what the banks charge. ![]() “If a dispute can be settled amicably, why make it a big court case?” “We will start inviting them in the next few days,” said Krishna Prasad Acharya, assistant chief district officer in Bara who is leading the taskforce. The taskforce in Bara that received the highest number of complaints, is also preparing to invite both sides in order to settle disputes. “If the alleged loan shark has already received more than what the law allows and has also seized the property, it should be returned to the victim.” “The task force is mandated to settle the issue of loan sharking through negotiations where the victim has to pay back the loan along with its justifiable interest,” said Karki. The task force also includes a police inspector and assistant district attorney. As the first step, the commission plans to bring together the alleged loan sharks and the victims and seek a solution through understanding between the two sides.įor this, a taskforce has been formed under the supervision of the assistant chief district officer in each district where the complaints have been registered, according to Karki. The commission is now making entries of those complaints in its database. “For example, a single complaint has been received in Okhaldhunga, Sankhuwasabha, Terhathum and Bhojpur each,” said Karki. ![]() Even though complaints have also been registered in hill districts, the numbers are “very low”, according to the commission. Bara reported the highest number of complaints (3,322), according to the commission.įrom Lumbini province, Nawalparasi (West) registered 1,889 complaints. The commission received as many as 17,800 complaints from eight districts of Madhesh-Bara, Dhanusha, Mahottari, Parsa, Rautahat, Saptari, Sarlahi and Siraha. “We received 21,500 complaints,” said Karki, commission coordinator, adding that the victims are largely concentrated in the eight districts of Madhesh province and Nawalparasi (West) of Lumbini province. The extended deadline for filing complaints expired on May 21. The inquiry commission in Janakpur, the headquarter of Madhesh province, had collected complaints from the victims by setting up a desk at each District Administration Office. The inquiry commission formed to resolve the problems of loan shark victims has received more than 21,000 complaints from 67 districts, with victims largely concentrated in nine Tarai districts.Īfter the loan shark victims protested in Kathmandu for several days demanding justice, the government in early April had formed a commission headed by former chairperson of the Special Court, Gauri Bahadur Karki.
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