Read the full judgment text of DCCC 1088/2015 on BabelCite. This District Court judgment was delivered on 11 November 2016.
1. The second defendant (D2) faces 11 charges of lending money at an effective rate of interest which exceeds 60% per annum, contrary to s 24(1) and (4) of the Money Lenders Ordinance, Cap 163, commonly known as “loan sharking”. (Charges 1 to 11) The offences are said to have spanned a period of 4 years between 8 August 2005 (for Charge 3) and a day unknown in August 2009 (for Charge 10). The respective dates of offences, loan amounts and borrowers concerned are listed in the Schedule attache
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