Private financiers raided over harassment of borrowers in Vijayapura

VIJAYAPURA: With harassment from micro financiers and private money lenders continuing unabated despite the passage of an ordinance to check this, the police on Thursday conducted raids on the residences of private financiers.

The police checked documents and looked into the financial transactions of the lenders, including the interest they charge from the borrowers. The raids were conducted on the instructions of SP Hemanth Nimbalkar in the light of continued harassment of borrowers, police said.