Kampala, Uganda | THE INDEPENDENT | The Nakawa Chief Magistrates Court has summoned Wilson Omoding, Chairperson of the Police savings group known as Exodus Cooperatives and Credit Society Limited, along with Secretary Daniel Ogwok, to respond to charges of running a money lending business without a valid license. The summons, reviewed …
Read More »New SACCO loan requirements demoralise police officers
Kampala, Uganda | THE INDEPENDENT | Police officers have decried the new requirements for accessing loans from the force’s Exodus Savings and Credit Cooperative commonly known as Exodus SACCO. Speaking to Uganda Radio Network on anonymity condition, policemen and women across the ranks described the new requirements one must meet …
Read More »Police officers have no trust in their savings scheme
Kampala, Uganda | THE INDEPENDENT | Police officers have lost trust in Exodus SACCO, the new Board Chairperson, Senior Commissioner of Police, Wilson Omoding has revealed. He explains that this is exhibited by the rate at which subscribers rush to withdraw their savings from the scheme. At least 32, 000 police …
Read More »Police SACCO members to access savings in March, 2020
Kampala, Uganda | THE INDEPENDENT | Members of the Uganda Police Exodus SACCO will be able to withdraw their savings, within two months, after the reorganization of the scheme, according to the Uganda Police Force. The Police Exodus Cooperative Savings and Credit Society, with a share capital of 20 billion …
Read More »Police SACCO audit fails to trace financial records of six years
Kampala, Uganda | THE INDEPENDENT | An Audit of the Exodus SACCO, the Uganda police force savings and credit cooperative society has failed to trace books of accounts for the past six years. This was revealed on Friday by the SACCO Chairperson, Henry Kalulu during the Annual General Meeting. The missing …
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