Mr. Manish Kumar Sinha announced that Surrender Kumar Jain (51) and his son Praveen Kumar Jain, were running auto financing business in Kachiguda without license. They were arrested on the written complaint of auto driver Nawab Ali of Falaknuma. Mr. Hussaini Naidu’s police team raided the office of the financer and seized 82 RC books, 63 permits and 70 mortgage documents, 56 blank cheques, ledgers and cash amounting to Rs. 32 thousand from them.
These financiers will be produced before the magistrate and sent to jail. Mr. Sinha, DCP South Zone warned the money lenders to give up all the illegal practices. He also sought the cooperation of the public.
——Siasat News