By Our Reporter
Letshego Uganda, a microfinance institution, has dismissed media reports linking it to a loan scam involving teachers and policemen.
The report alleges that 5000 teachers and policemen were cheated in a loan scam that fraudulently compelled them to refund money lent to them.
Roger Mugisha Shillingi, the Head of Corporate Communications at Letshego Uganda, has categorically dismissed the reports as untrue.
He revealed that in 2015, they received complaints related to loan disbursements where applicants from districts like Iganga, Jinja and Luwero were raising queries pertaining to deductions being made from their salary and yet they hadn’t applied for the loan (s).
“Letshego reported a case at Jinja road police station, vide Police Ref/CRB2979/2015 and Gef 29/2019 and continue to cooperate with the Police to ensure these cases are logically concluded.” Said Roger Mugisha Shillingi.
“We wish to emphasize that Letshego is the victim because it is the institution that lost money and not a beneficiary of the fraud. We cannot cheat customers who we open doors every day to serve and the only reason we exist.” He added.
He further noted that the company is bound by Customer Protection guidelines issued by UMRA (Uganda Microfinance Regulatory Authority) which embody transparency and integrity.
