Don’t miss the latest developments in business and finance.

SL's pvt loan sharks seek 'sex, kidney sale' against EMIs: UN Expert

Image
Press Trust of India Colombo
Last Updated : Sep 11 2018 | 5:35 PM IST

The debt-trapped poor women in Sri Lanka often have to accord "sexual favours" to the private lenders against their loan installments, a UN expert on human rights said Tuesday.

Juan Pablo Bohoslavsky, an independent UN expert on impact of economic policies and infrastructure projects on the human rights also said "he knew of cases of the debt-trapped poor trying to sell their kidneys to repay loans."
"The Sri Lankan legal framework, however, does not establish the obligation to conduct a comprehensive human rights impact assessment of such infrastructure projects before they are started."
He urged the government that "social spending should not be cut in order to repay the growing debts, if less harmful policy options are available."

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

First Published: Sep 11 2018 | 5:35 PM IST

Next Story