Moneylending ads on taxis barred

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Moneylending ads on taxis barred

Postby admin » Fri Apr 01, 2011 3:56 am

PETALING JAYA: Taxis cannot display advertisements promoting moneylending activities.

Circulars have been sent to all members advising against the display of such advertisements, Klang Valley Taxi Operators and Hire Car Association president Abdul Jalil Maarof said.

He added that his association had 22 companies comprising about 10,000 taxis.

“We have done our part to stop our members from doing so.

“However, we are aware that some taxi drivers had been approached privately by the moneylenders. That is why we see some taxis displaying such advertisements,” he said, adding that the drivers were doing so for a fee agreed between them and the advertiser.

However, Taxi Drivers Welfare Association Kuala Lumpur and Selangor chairman Manickam Massappu said that taxi drivers were allowed to advertise moneylending business on their vehicles.

He said such advertisements were legal as they were permitted by the Land Public Transport Commission.

“The drivers receive between RM50 and RM80 per month to display such advertisements on their vehicles,” he said.

Manickam said taxi drivers risked being fined by the Road Transport Department if caught displaying advertisements without approval.

Klang Consumers Association president A. Devadass said the association had received numerous complaints from the public on the rampant activity of the so-called licensed moneylenders.

He said many people had complained about being victimised by such moneylenders who claimed they were licensed but charged high interest amounting to more than 10%.

Devadass said he had referred many of these cases to the police.

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