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 …
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Kampala, Uganda | THE INDEPENDENT | The leadership of the Police’s Savings and Credit Cooperative Organization (SACCO) is looking for over 100 retirees with unpaid loans worth 1.2 billion Shillings. The chairman of the Police’s Exodus SACCO Wilson Omoding says a majority of the non-performing loans were taken by police officers …
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Kampala, Uganda | THE INDEPENDENT | Locals in Palam sub county in Katakwi district have faulted the police for not considering residents in the area during the recruitment exercise. John Elakat, the area LCI chairperson of Osemua village says that in 2006 when the community agreed to give land to the …
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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 …
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Kampala, Uganda | THE INDEPENDENT | Police Exodus Savings and Credit Cooperation Organisation –SACCO Board Chairman Wilson Omoding has downplayed reports of a ban on loans and explained that restrictions are only in place to ensure that only eligible persons access the funds. Omoding’s response comes a few days after some …
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Kampala, Uganda | THE INDEPENDENT | The management of police Savings and Credit Cooperation –SACCO has extended the ban on acquisition of loans. Several police officers said they had tried to get loans or withdraw their savings but in vain. They added that police management led by the SACCO Chairperson …
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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 …
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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 …
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