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Illegal pawning centers

16 August 2010 08:38 pm - 7     - {{hitsCtrl.values.hits}}

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More than 2000 illegal pawning centers currently operate in the country and the public has been asked to be vigilant, the National Gems and Jewellery Authority Chairman Anil Koswatte told Daily Mirror online.

Due to this, new standards are to be introduced for people to receive a professional and fair service from pawing centers in the future, Koswatta added.

"Most of these centers do not have proper standards or offer reasonable services. They have unreasonable terms and conditions for repayment while the customers do not get a genuine valuation for their items," Mr Koswatte said.

 

 

 

 

 

 

 

"So to remedy this situation in the future the pawing centers will be duly registered and the staff will be trained and a proper system will be put in place  to monitor the performances of these institutions," Mr. Koswatte added. (SD) (Daily Mirror online)


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  Comments - 7

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  • Marikkar Monday, 16 August 2010 11:02 PM

    "Pawing" centers? (Appears twice!) Please ask your proof-reader to be viliglant!

    Heen Hami Tuesday, 17 August 2010 03:19 AM

    Thanks for the warning. But can you please specify who this illegal people are so that the public can keep away from them.

    LANKA Tuesday, 17 August 2010 03:22 AM

    YES THERE ARE MANY ADVERTISMENT ON POSTERS FOR RECOVERY OF PAWN JEWELLARY AND THEY WILL BUY AT HIGHER PRICE? I THINK YOU HAVE TO INVESTIGATE ON THIS AND FIND OUT WHO ARE THESE PEOPLE????

    Puran Tuesday, 17 August 2010 03:54 AM

    Don't we have an authority to control these type of business?

    Podi Guru Tuesday, 17 August 2010 05:44 AM

    I am slipping! I missed that error, but it could be just the right word: 'Ya get pawed" by the exorbitant interest rates in the pawn shops.

    London Tuesday, 17 August 2010 05:45 AM

    This has been going on for a long time. Especially in rural areas you find poli Mudalali's making innocent people suffer and getting rich fast.

    Ibnu Batuta Tuesday, 17 August 2010 06:01 AM

    The entire country is being pawned. Is there anyone to care about it...?


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