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Moneylender, Debt Collectors Sued by Engineering Firm Over Harassment
🇲🇾 Malaysia /Crime & Justice

Moneylender, Debt Collectors Sued by Engineering Firm Over Harassment

From Utusan Malaysia · () Malay

Translated from Malay, summarized and contextualized by DistantNews.

At a glance

News Named sources In the courts
  • A licensed moneylender and a debt collection company are being sued for alleged harassment.
  • The engineering firm claims business losses of RM1.2 million due to the disturbances, despite having paid off its debt.
  • The case is proceeding to the High Court of Kuala Lumpur, with a further mention set for August 14.

A Kuala Lumpur-based engineering firm has filed a lawsuit against a licensed moneylender and a debt collection company, seeking RM1.2 million in special damages. The firm alleges that despite having repaid RM404,000 on an initial RM350,000 business loan, the defendants continued to demand further payments and harassed its premises.

The plaintiff claims the disturbances, which included debt collectors visiting their business on April 1st, caused significant business losses and fear among employees. The firm stated that the defendants failed to provide proper transaction records or account statements when requested. The lawsuit was filed in the High Court of Kuala Lumpur on July 15th, following police reports and complaints to the Consumers Safety Association of Kuala Lumpur (PKPKL).

The engineering firm is also seeking the return of RM54,000 in overpayment, general damages, exemplary damages, and various declarations and injunctions. The court has scheduled the next hearing for August 14th. PKPKL stated it will continue to assist individuals and companies facing similar issues with legal advice and action. The defendants' actions are alleged to contravene the Moneylenders Act 1951 and the Contracts Act 1950.

DistantNews Editorial

Originally published by Utusan Malaysia in Malay. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.

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