An Indian living and working in the Philippines is now in the custody of police on the island-province of Masbate in Bicol region, for killing his compatriot, who was a business competitor.
The 32-year-old Song Harpinder Brar, who is into money-lending business, fatally shot Sandhu Ranjeet Sing, 28, with a .45-calibre revolver in Barangay Jaboyoan, Aroroy town, Masbate.
Brar is now held at the Aroroy Municipal Police station, as charges are being prepared against him, following his arrest in a hot pursuit made by the Regional Provisionary Battalion when he tried to escape, radio reports said.
The town residents reportedly told police that Brar was upset when the victim was able to make his daily rounds of collecting money from clients ahead of him, leaving the suspect with a measly amount of collection for the day.
Many Indians have migrated to the Philippines over the past few years, marrying Filipinas and going into the money-lending business popularly known here as ‘5-6’. Lenders get 6 pesos for every 5 pesos they extend to borrowers. Borrowers are also obliged to buy goods, such as blankets and kitchenware, from lenders as part of the deal.