How should we judge a government?

In Malaysia, if you don't watch television or read newspapers, you are uninformed; but if you do, you are misinformed!

"If you're not careful, the newspapers will have you hating the people who are being oppressed, and loving the people who are doing the oppressing." - Malcolm X

Never argue with stupid people, they will drag you down to their level and then beat you with experience - Mark Twain

Why we should be against censorship in a court of law: Publicity is the very soul of justice … it keeps the judge himself, while trying, under trial. - Jeremy Bentham

"Our government is like a baby's alimentary canal, with a happy appetite at one end and no
responsibility at the other. " - Ronald Reagan

Government fed by the people

Government fed by the people

Career options

Career options
I suggest government... because nobody has ever been caught.

Corruption so prevalent it affects English language?

Corruption so prevalent it affects English language?
Corruption is so prevalent it affects English language?

When there's too much dirt...

When there's too much dirt...
We need better tools... to cover up mega corruptions.

Prevent bullying now!

Prevent bullying now!
If you're not going to speak up, how is the world supposed to know you exist? “Orang boleh pandai setinggi langit, tapi selama ia tidak menulis, ia akan hilang di dalam masyarakat dan dari sejarah.” - Ananta Prameodya Toer (Your intellect may soar to the sky but if you do not write, you will be lost from society and to history.)

Friday, November 25, 2011

When money transferred into your account is unwelcome...

and can lead to endless troubles. This is one of the reasons why our bank account number should not be simply revealed.

'A woman says loansharks are forcing her to take a loan from them.

Ms Lin, 40, a former air stewardess, was contacted by a loanshark last Tuesday afternoon, asking if she wants to borrow money.

"I told him I don't need any money. The loanshark called me again at night and said that he had accidentally transferred $490 to my bank account."

I checked and found $488 deposited into my account. The "interest" has apparently already been deducted from the sum.

"I called the loanshark back immediately to tell him I'll return the money to him," said Ms Lin.

But the loanshark refused to let Ms Lin return the money and insisted that she must "borrow" it.

She is supposed to return $200 to the loansharks each week, over three weeks.

This way, she would have paid up a total of $600, with the loansharks earning an interest of $112 from the "forced loan".'

Loanshark accidentally transferred money into my account

This is getting ridiculous! Imagine being forced to take a loan! I hope the authorities here would take note of this possible modus operandi when investigating similar cases.

The illegal money-lending business, which includes licensed money-lenders illegally lending out money at high interest rates of at least 10% per month instead of the stipulated 18% p.a., is so lucrative that they are competing with each other with indiscriminate sticking of telephone numbers in public places as well as pushing leaflets into our letterboxes.

Recently, I have seen advertisements stating 'Borrow Rm10,000, you get Rm10,300' which is an improvement of terms over the previous 'Borrow Rm10,000, you get Rm10,000', which in turn was supposed to be better than the old custom of having the first month's interest deducted immediately from the loan sum!

Some credit card companies also resort to innovative pro-active ways of getting cardholders to borrow from them. I have received actual cheques made out to my name which could be banked in at any time I needed the money! Even then, I thought about the possibility that they could have banked into my bank account (if known to them) without my permission or knowledge! Of course, they are too reputable to do so, unlike scums like those mentioned in the news.

No comments: