Others say...
The Straits Times - Home Section - July 26 2011 - First licensed moneylender charged
Who?
What?
Charged With
Giving false information to the Registry Of Moneylenders (ROM)
Handing out loans without proper documentation
Lending excessively to low-income moneylenders
Failing to inform buyers in writing about terms of loans
Making contracts with unclear interest rates
George Phua Chye Hee
When...
2010 (allegedly)
25 July 2011
Surprised at the tough stance ROM is taking
Moneylenders should be more professional