Widow of Rawalpindi man who ended his life due to loan app issues

Widow of Rawalpindi man who ended his life due to loan app issues

Mohammad Masood died by suicide due to blackmail and threats by loan apps over his failure to repay the ballooning interest on his debts . The incident had led to strong public backlash with the abysmal situation of the financially vulnerable coming to the fore .

Pakistan Telecommunication Authority PTA had blocked lending apps operating without a licence . Google has also introduced Pakistans Personal Loan App Policy according to which it only allows SECPapproved personal loan apps to be listed on the Play Store .

The widow appealed to the media the judiciary and the FIA for the strictest action to be taken against the suspects and that a complete ban be imposed on their companies so that hundreds of thousands of others are saved from falling into their traps and from resorting to suicide .

A Rawalpindi sessions court today extended the interim bail of nine suspects who were allegedly involved in Masoods blackmail till August . The suspects including two women were arrested and were arrested after another nine suspects were released by the court .

The court ordered them to present their arguments in the next hearing with full preparation and warned that further adjournment will not be granted by the judge . The judge Mohammad Ilyas presided over the hearing . The hearing was adjourned until the next month .

The case was adjournment. The court directed that the parties appear in the following hearing with the parties appeared with full preparedness and that they will be presented in the last hearing. The judge said that the court warned that any further adjournments would not be allowed to be warned that it would not allow further adjourned that further postponement will notbe granted.

The hearing will be adjourned. The accused persons were not to be granted.

khawajausman

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