Chit runner attempts suicide after ‘bad debt’

A private chit organiser attempted suicide at her house at Chodidibba in the city on Saturday. According to the police, Maddi Sridevi is running chit business in the locality for quite sometime.

Published: 13th August 2017 08:59 AM  |   Last Updated: 13th August 2017 08:59 AM   |  A+A-

By Express News Service

ELURU: A private chit organiser attempted suicide at her house at Chodidibba in the city on Saturday. According to the police, Maddi Sridevi is running chit business in the locality for quite sometime. Her husband Shivaji owns a battery shop.

The couple got three children. P Naga Satyavathi and her husband Murali of Kothapeta obtained a loan of `15.16 lakh from Sridevi who paid it with chit amount collected from subscribers. Hoping to earn good interest, she also pledged her gold ornaments and withdrew money from bank deposits in their children’s names to mobilse the huge amount. 

After getting the loan a few months ago, Satyavathi and Murali did not pay any loan installment. Sridevi went to Satyavathi’s house on Saturday morning and asked her to pay the loan installments. 

It was alleged that Satyavathi and Murali abused Sridevi and threatened that they would lodge a co​mplaint with police and commit suicide if she pressurised them for loan repayment. The depressed Sridevi returned home and informed the matter to her husband. Shivaji went to his shop after assuring that he would pursue the matter by taking the issue to the notice of the elders in the locality.

Fearing that she had to face the wrath of chit subscribers, Sridevi attempted suicide by consuming sleeping pills. On seeing her lying unconscious on the floor in the room, her husband who returned home, shifted Sridevi to government hospital. Her condition is stated to be critical. Two Town police registered a case.

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