Philippine police nab three Indians with bomb in car

[bangbros]

terrorism is terrorism it does not have any nationality

but it has religion written all over it..

 

[Roybot]

Indian nationals Jasbir Singh, Rajesh Kumar and Narinder Singh talk to the media after a powerful bomb was found inside their car. Picture: AP
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Read more: Police disarm bomb found by mechanic in car's engine compartment | News.com.au

PHILIPPINE police have disarmed a bomb which was found in the engine compartment of an Indian businessman's car after he drove the vehicle to a garage for repairs.

The car repair shop alerted police when a mechanic found the device after the Indian owner, a money lender, and two compatriots drove there for repairs, Senior Inspector Walter Ebora said.

"We still cannot conclude what the motive was. They could be the targets or it could be an act of terrorism," said Mr Ebora, the police chief of Alaminos town, about three hours' drive from Manila where the car shop is located.Police described the bomb as made from military-grade C-4 explosives rigged to a mobile phone triggering device.

Officers took the three men in for questioning but Mr Ebora later said they were being released pending further investigations. The three have lived in the area for several years and can speak the local language, he added.

Violence related to business or political rivalries is common in the Philippines, where there is an active black market for weapons, such as guns and explosives.

Read more: Police disarm bomb found by mechanic in car's engine compartment | News.com.au

They were most probably the targets.

 

[Capt.Popeye]

Read more: Police disarm bomb found by mechanic in car's engine compartment | News.com.au

They were most probably the targets.

Loll; these guys are collection agents for the "5-6" guys in the Phillipines which are Moneylenders who lend money out at exorbitant weekly rates. There will be a multitude of people in Phillipines who will prefer to blow them up instead of paying up on the exorbitantly inflated loans.

"5-6" is a serious social menace in the Philipines. But it has existed for a long time.

 

[Zero_wing]

Loll; these guys are collection agents for the "5-6" guys in the Phillipines which are Moneylenders who lend money out at exorbitant weekly rates. There will be a multitude of people in Phillipines who will prefer to blow them up instead of paying up on the exorbitantly inflated loans.

"5-6" is a serious social menace in the Philipines. But it has existed for a long time.

illegal too it does not follow Philippine banking and lending laws but its popular among small businesses anyway its just good that no one got hurt and good eye by the people and the police

 

[Capt.Popeye]

illegal too it does not follow Philippine banking and lending laws but its popular among small businesses anyway its just good that no one got hurt and good eye by the people and the police

Totally agreed. The problem is because "5-6" is so easily accessible to common folk without any of the paper-work and credit-worthiness requirements that Banks insist on; that it flourishes. Then the attendant menace of collection agents or "Bombais" with strong-arm tactics also follows. Maybe the Phillipines should seriously set up Micro-Credit Societies for that strata of society?

 

[Zero_wing]

Totally agreed. The problem is because "5-6" is so easily accessible to common folk without any of the paper-work and credit-worthiness requirements that Banks insist on; that it flourishes. Then the attendant menace of collection agents or "Bombais" with strong-arm tactics also follows. Maybe the Phillipines should seriously set up Micro-Credit Societies for that strata of society?

Well its hard because its easy to brow money but there have been alternatives but its still needs a lot of paper work which most folks don't have.

 

[Capt.Popeye]

Well its hard because its easy to brow money but there have been alternatives but its still needs a lot of paper work which most folks don't have.

Micro-Credit Societies are much simpler in their operation. A Co-Operative society is set up in the neighborhood or "Barrio" where people join up and make regular small contributions out of their savings. Then when they have contributed/saved up a reasonable amount of money with the society, they become eligible for a loan which is a multiple of their contribution. Since everybody knows everybody else in the Barrio, the need for paper-work reduces drastically. And there is the attendant social stigma fear of defaulting on money which has essentially been borrowed from the Neighborhood. Maybe a good way will be to even get the local Parish Priest on board this kind of organisation! Confession will get more difficult.

 

[Zero_wing]

Micro-Credit Societies are much simpler in their operation. A Co-Operative society is set up in the neighborhood or "Barrio" where people join up and make regular small contributions out of their savings. Then when they have contributed/saved up a reasonable amount of money with the society, they become eligible for a loan which is a multiple of their contribution. Since everybody knows everybody else in the Barrio, the need for paper-work reduces drastically. And there is the attendant social stigma fear of defaulting on money which has essentially been borrowed from the Neighborhood. Maybe a good way will be to even get the local Parish Priest on board this kind of organisation! Confession will get more difficult.

Well that's great but we something called banKO its hybrid service provided by a telecommunication company globe its basically using a cellphone as a passbook you can deposit and withdraw money on small amounts it was to address the urban poor and small business but i don't think its popular with the current users of 5/6 but a lot folks do have mobile phones though anyway we have other programs for people to loan money our Social Security System has programs for loaning money and also our Housing development fund also have similar service but folks just don't like paperwork and all the fuss.

 

[Capt.Popeye]

Well that's great but we something called banKO its hybrid service provided by a telecommunication company globe its basically using a cellphone as a passbook you can deposit and withdraw money on small amounts it was to address the urban poor and small business but i don't think its popular with the current users of 5/6 but a lot folks do have mobile phones though anyway we have other programs for people to loan money our Social Security System has programs for loaning money and also our Housing development fund also have similar service but folks just don't like paperwork and all the fuss.

Do read up on Micro-Credit societies or better still google "Grameen Bank" of Bangladesh. It is one of the best working models of Micro-Credit. If it can work among largely illiterate people in Bangladesh; that system can only work better in the Phillipines.

 

[Sugarcane]

I guess they are more likely target because of their profession

 

[Zero_wing]

Do read up on Micro-Credit societies or better still google "Grameen Bank" of Bangladesh. It is one of the best working models of Micro-Credit. If it can work among largely illiterate people in Bangladesh; that system can only work better in the Phillipines.

Yup sure no problem but lets go back on topic the spelling of the Philippines is single l

I guess they are more likely target because of their profession

I don't think so we have a lot of Indian's here for one thing this will be source of many jokes about Indians but they are welcome here