KUALA LUMPUR: The cops may have won a huge battle against loan sharks with the arrest of 31 gang members a few days ago but the fight against the menace is far from over – already, more cases are cropping up.
And Bukit Aman is going all out against the Ah Long syndicates nationwide.
“Expect more arrests and raids,” vowed Comm Datuk Acryl Sani Abdullah Sani, the Bukit Aman Commercial Crime Investigation Department (CCID) director.
Saying that this “business” has been around for quite some time, he added that police were pooling all their resources in the fight.
“The police are committed to fighting against Ah Long and our particular focus will be on those who resort to violence in dealing with their victims,” he told The Star yesterday.
Yesterday, 68-year-old Chew Eight Keng told a press conference in Johor of how the RM10,000 he borrowed from 30 loan sharks to start a business selling Chinese medicine three years ago ballooned into RM300,000 because of the high interest charged by the illegal moneylenders, although he paid his instalments every month.
He has sold off two houses to pay them back but still owes them RM100,000.
“I told the Ah Long I had no money left but they are now going after my 32-year-old daughter,” he said at the press conference organised by Johor MCA Bureau of Coordinating Government Affairs chairman Michael Tay Chee Boon.
Selangor Commercial Crime Investigation Department (Corporate/Finance) deputy chief Supt Nordin Mohd Salleh said regular operations, including undercover work, were being conducted to fight the loan shark menace.
It was not easy to nab the syndicates as they are getting wise to police methods, he said.
“They avoid using their real identities in any transactions. They have also developed their own surveillance and will do background checks before lending money to anyone.”