UMRA probes 800+ online loan fraud cases, Busoga most affected

The Uganda Microfinance Regulatory Authority says it is investigating reports involving over 800 cases of online loan apps. According to Edith Namugga Tusubira, ED of the Uganda Microfinance Regulatory Authority, these cases reflect extremely high interest rates and fraud. The probe indicates that the majority of victims of this level of fraud are from the Busoga subregion. #NTVNews #NTVTonight #NTVWeekendEdition Subscribe to Our Channel For more news visit http://www.ntv.co.ug Follow us on Twitter http://www.twitter.com/ntvuganda Connect with us on Messenger via m.me/NTVUganda