CITIZENS Economic Empowerment Commission (CEEC) Director General Dr Muwe Mungule says the Commission is seriously considering naming and shaming politicians who have defaulted on their loans. And Dr Mungule says the Commission will not entertain individuals who want to involve CEEC in their quest for political mileage. Meanwhile, Dr Mungule says CEEC’s loan recovery rate which currently stands at 27 percent reflects bankruptcy. Speaking when he featured on Phoenix FM’s Let The People Talk, Tuesday, Dr Mungule said it was unfair to visit an institution like CEEC to get money, while consciously knowing that you don’t intend to repay. Asked whether the Commission was considering naming and shaming politicians who had defaulted on their loan repayment, Dr Mungule responded in…...

To continue reading this premium content, login to your account or Subscribe to our ePaper using the buttons below.
Log In Subscribe