Man uses 18-month-old son as guarantee on debt payment | world | Hindustan Times
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Man uses 18-month-old son as guarantee on debt payment

The police in Siberia are searching for a man who gave a moneylender his 18-month-old child as a guarantee for debt repayment, an official said Friday.

world Updated: Feb 13, 2009 15:07 IST

The police in Siberia are searching for a man who gave a moneylender his 18-month-old child as a guarantee for debt repayment, an official said Friday.

The police were called to the village of Yasnaya Polyana in the south of the Kemerovo Region to check reports of an unidentified child who appeared in one of the families.

They determined that the family had received the child as a "guarantee" that a debt would be repaid.

"Police found the creditor and the child, but he refused to hand over the toddler, saying that he received him as a guarantee from his debtor and would not return him unless the debt is repaid," the official said.

"Police had to take the child by force."

The child was taken to a hospital for medical examination and will be taken to an orphanage.

The parents will most likely lose their parental rights over the child.