AHMEDABAD: As the state government aims to act strictly against loan sharks who extort money at usurious interest rates, DPG Ashish Bhatia has directed all police officials across the state to take strict action against such offenders, including under the of Prevention of Anti-Social Activities Act (PASA) and Prevention of Money Laundering Act (PMLA).
Bhatia said that many times because of threats from illegal moneylenders who operate without proper licences, borrowers commit suicide as the lenders often usurp their property.
Bhatia directed police across the state to take quick action according to the evidence, so that such elements do not get the chance to secure anticipatory bail or obtain a stay on the investigation.
Bhatia directed cops to make lists of such elements and watch their activities. If they are found to be breaking the law, they should be booked under the The Gujarat Money-Lenders Act, 2011.