23 died due to MFI harassment, reveals probe
Hyderabad, November 23: Investigatio n into the spate of suicides reported last month allegedly due to loan recovery harassment has established that of the 107 cases registered 23 were due to coerceive and unethical tactics employed by MFI agents to recover loans. The police have already arrested agents involved in three such cases.
“We are actively investigating all the reported cases. Of the 107 cases registered, 23 deaths were due to harassment by MFI agents,” R Subrahmanyam, principal secretary, Department of Rural Development, told Express.