Public security minister fields questions relating ‘black credit’ issue

Minister of Public Security To Lam fielded questions about the Government’s responsibilities and solutions in stopping criminal gangs and rings involved in loan sharks during a Q&A session of the National Assembly Standing Committee on Thursday.

Minister of Public Security To Lam answers deputies' questions (Photo: VNA)

Hanoi (VNA) – Minister of Public Security To Lam fielded questions aboutthe Government’s responsibilities and solutions in stopping criminal gangs andrings involved in loan sharks during a question and answer session of theNational Assembly Standing Committee in Hanoi on August 15.

The issue has caused public concern and drawn the attention of many NAdeputies, Lam said.

As many as 436 cases and 766 people relating to loan sharks known as ‘blackcredit’ and illegal debt collection were prosecuted in the first six months ofthis year, he said, adding that the police force also adopted measures to bust1,400 loan shark gangs across the country.

Although ‘black credit’ had been reduced, Lam admitted that gangs operate in asophisticated manner, causing anxiety for local residents.

‘Black credit’ is advertised online, making it difficult to control, he said.

He added the fact that people still sought loan sharks and the legalregulations were unclear made it difficult for the police to deal with thiskind of crime.

The Ministry of Public Security will continue campaigns to suppress criminalactivities, particularly rings involved in 'black credit' and illegal debtcollection, he said, adding it will coordinate with relevant agencies inremoving legal obstacles to enhance its effectiveness.

“Any individual or organisation related to loan shark gangs will be strictlydealt with,” Minister Lam said. - VNA

 
 
 
 
 
 
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