News Press Uganda Police

MONEY LENDERS WARNED AGAINST TAKING NATIONAL IDS AS LOAN SECURITY.

Uganda Police Force has warned moneylenders against taking national identity cards as collateral for loans issued to borrowers.

The law enforcement body said national IDs have no economic or monetary value and are supposed to be used exclusively for identification purposes.

“Therefore, any act of confiscation, such as removing, taking, or handing over a National ID as collateral, is illegal, as it denies the owner the ability to use their National ID for identification while traveling or when conducting other transactions,” said police spokesperson Fred Enanga.

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