RONALDO N
Residents in Kanungu have been warned against the increasing number of money lenders in the district.
This follows complaints from local leaders who expressed dissatisfaction with some of these lenders during the Chief Justice’s maiden visit to the district yesterday.
In his remarks, the Chief Justice of Uganda, Justice Flavian Zeija, condemned the practice of money lenders confiscating people’s property, noting that it is against the law and that anyone involved risks facing court action. However, he also warned residents against deliberately entering into agreements with money lenders by offering their property as collateral to secure loans, explaining that in cases of misunderstanding, it becomes difficult for magistrates to resolve such disputes.
He therefore used the same platform to urge residents to avoid taking desperate loans with high interest rates. He also called upon authorities to compile lists of all money lenders so they can be easily traced in case of disputes, and emphasized the importance of sensitizing the public about loan agreements.
Additionally, the Deputy Resident District Commissioner of Kanungu District, Dr. Gad Rugaju, acknowledged that his office is overwhelmed with numerous cases involving money lenders confiscating people’s property, and called for continued public sensitization. He reaffirmed that the Office of the RDC is committed to ensuring that both money lenders and borrowers receive justice.
