Hyderabad CP Sajjanar warns private financiers of PD Act action

Hyderabad Commissioner of Police VC Sajjanar warned of invoking the PD Act against private moneylenders who are forcing people to sell their properties to clear loans offered at high interest rates.

“Money lending without a licence is a crime. If you harass people or use force to collect exorbitant interest, we will not spare you. We will book strict cases and may



invoke PD Act,” warned Hyderabad CP, VC Sajjanar.

He said that during his visit to the Old City for the ‘Meet Your CP’ programme, several people approached him and complained about harassment by private financiers.

“If you are facing any harassment, don’t be scared. Call 100 or visit the nearest police station immediately,” Sajjanar advised.