Global

Man who borrowed $6,000 told to pay $32,000

A Kuwaiti man who borrowed 2,000 dinars ($6000) from a private lender in the oil-rich Gulf emirate was told two years later to pay pack 9,750 dinars ($32,000).

The debtor told police he borrowed from that man who he did not know because he was in bad need for money.

The man said he was made to sign a document that he must pay back that huge sum but thought the lender was joking.

“When it was time to pay him back, he told me I must pay him 9,750 dinars… I can hardly believe a loan would generate that massive interest in two years,” the man told police, according to Al Anba newspaper.

The paper said police has summoned the lender for interrogation.

Staff Report

The Filipino Times is the chronicler of stories for, of and by Filipinos all over the world, reaching more than 236 countries in readership. Any interesting story to share? Email us at [email protected]

Related Articles

Back to top button