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Assam: Crackdown on illegal money lenders, 122 apprehended

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Guwahati, Feb 22: The Assam police have started a massive statewide crackdown against illegal money lending business and so far 122 illegal moneylenders were arrested from different locations of the state.

Taking to X, Assam chief minister Himanta Biswa Sarma said that police have seized cash, loan agreements, gold jewelry, land mortgage documents and bank records.

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Assuring that the police will shield the vulnerable people from unscrupulous lenders, chief minister wrote, “In a statewide crackdown on illegal moneylenders, we have apprehended 122 individuals. The police have seized cash, loan agreements, gold jewelry, land mortgage documents, and bank records. We are committed to persisting in this initiative to shield our vulnerable poor and middle-class citizens from the clutches of these unscrupulous lenders,”.

Notably, Assam Police on the night of February 18 arrested another two loan sharks on charges of illegal money lending in the Chirang district of the state.

“We will continue our crackdown against illegal money lending business,” said a police official.

Read: Meghalaya earmarks Rs. 5271 cr for Gender budget

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