The Brunei Darussalam Central Bank (BDCB) warned that they will take serious action against unlicensed moneylenders in a statement on Thursday.
The BDCB reminded the public that moneylenders are required to be licensed under the Moneylenders Act. Anyone carrying out the business of moneylending without a licence can be fined BND500 and imprisoned for 18 months upon conviction.
-- Courtesy of Borneo Bulletin