KCP MC (Liberation) warns private bank

Armed group KCP MC (Liberation) has warn private bank in the state to face serious consequences for taking processing fee from the loanee. In a press statement signed by one Comrade Lanchen meitei, Secretary, Information and Publicity, the outfit said that almost all the private bank in the state had been served notice to stop taking  processing fee from the poor loanee from January 20 this year. but as many of the private bank are taking processing fee challenging the request, the outfit now is left with no choice but to turn the private bank into a war field said the outfit’s statement.
It said the outfit will strike at one Global Finance, private bank at Singjamei if they fail to stop taking processing fee within 5 days. It further added that the outfit  is keeping close watch to all the private bank too and if any of this private bank are found taking processing fee above the interest then outfit will do the needful without giving proper warning.