Thursday, 23 September, 2021

Writ seeking HC directions against unauthorised lending trade filed

Writ seeking HC directions against unauthorised lending trade filed

A Supreme Court lawyer filed a writ with the High Court (HC) Division, pleading for its directions to stop unauthorised trade of lending money on usurious interest rates across the country.

 Supreme Court lawyer Barrister Syed Sayedul Haque Suman filed the writ, making deputy commissioners and superintendents of police of 64 districts respondents in the plea.

"I have filed the writ in public interest and the High Court Division bench of Justice Abu Taher Md Saifur Rahman and Justice Md Zakir Hossain is likely to hear the case on Sunday next," Barrister Suman told journalists.

 Barrister Syed Sayedul Haque Suman, a former prosecutor of the International Crimes Tribunal, said such trade is taking place in all the areas, villages under different names across the country.

"These do not have any registration or legitimacy whatsoever. Common people after taking money on high interest become hostages to these lenders. They realize interest sometimes on a weekly basis, sometimes on a monthly basis.

Many families have become penniless while repaying these loans," he added.

The lawyer said he pleaded for the court's direction to immediately stop such unauthorised lending trade.