Chinese Police seek Law for Debt Collection

Published on:
12 September 2006 at 10:20 a.m. ET

Written by: Unknown Author –

http://www.insidearm.com/news/00008116-chinese-police-seek-law-for-debt-collecti/

With debt-collecting activities going beyond legal limits in recent years, HK Commissioner of Police Dick Lee yesterday proposed a new law to crack down on violators.

His suggestion came after debt-collecting activities involving criminal elements reach a high of around 20,000 cases per year over the past three years.

Briefing the Legislative Council Panel on Security on the 2005 crime situation, he said over 20,610 debt-collecting cases were reported last year. Of such cases, 11.4 per cent involved criminal elements.

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