Penang cops round up 38 suspected loan sharks
The operation comes in the wake of a death threat received by Penang police chief Khaw Kok Chin.
GEORGE TOWN: Penang police have detained 38 people for alleged involvement in illegal money lending activities in a special operation to combat the menace posed by loan sharks.
State police chief Khaw Kok Chin said those arrested comprised 34 men and four women, aged between 21 and 72.
“We launched this major crackdown on loan sharks on June 5. As of yesterday, we have arrested 38 people around Penang and neighbouring states.
“Those arrested are found to have been involved in several old cases for which investigation papers have been opened.
“With their arrests, we can bring them to court to face charges,” he told reporters after a working visit to the Timur Laut district police headquarters today.
Asked if those arrested had anything to do with the criminal threats made against him, Khaw said this matter was still being investigated.
Khaw said that all 38 detained were being investigated under Section 5(2) of the Moneylenders Act 1951.
Earlier, it was reported that police took the letter of criminal intimidation against the Penang police chief seriously and were tracking down the suspects involved.
Inspector-General of Police Acryl Sani Abdullah Sani said the threatening letter received by Khaw contained six pieces of “hell money”’ banknotes.
The note demanded that the Penang police stop aggressive action against unlicensed moneylenders in the state.
The threatening letter came on June 1 through Pos Malaysia.
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