March 2, 2024

Kagadi RDC Warns Against Using National ID Cards as Loan Collateral

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Lillian Ruteraho, RDC Kagadi

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KAGADI

Kagadi RDC Lillian Ruteraho has issued a stern warning prohibiting the use of the National Identification Cards (IDs) as security for obtaining loans.

She sounded the stern warning during a radio talk show on one of the radio station in Kagadi District, Paradigm Radio Kagadi.

Her warning follows public outcry over money lenders seizing national identification cards from their clients and later losing them after the loan period.

She urged money lenders who have been retaining National Identification cards as collateral for loans to stop the illegal practice with immediate effect because it violates the rights of the cardholders.

Ruteraho added that Ugandans whose cards are withheld by money lenders cannot identify themselves or make certain transactions where National IDs are required.

She said that some Ugandans have missed government programs like PDM and Emyooga because their cards were held by the money lenders as security for loans.

According to section 77of the Registration of Persons Act, 2015, any person who without authority deprives or dispossesses a holder of his or her National Identification Card, commits an offense.

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