I just heard a cryptic news report about “defaulters” being imprisoned by Pakistani regime. These defaulters are said to have political connections which allowed them to get dodgy bankloans.
The thing I don’t understand is, what exactly is the crime? Are they actually being imprisoned for declaring bankrupcy? Or is there some kind of translation problem? I mean, are they being charged with some kind of extortion? I accept that Pakistan has a very different culture than that which I am used to, but I would think their legal system is pretty similar to that of the UK, which makes the imprisonment of defaulters kind of hard to understand.
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