ALSO YOU MAY READ THE NAMES OF THE DEBTS IN LOAN BOARD BELOW
THE Higher Education Students’ Loans Board (HESLB) has yet again declared war on nearly 120,000 defaulters who owe outstanding debts amounting to 285bn/-.
The outstanding loans go back to the 1994/1995 academic year, according to the board’s Executive Director Abdul-Razaq Badru. Addressing a news conference in Dar es Salaam yesterday, Mr Badru said the board expects to kick off its inspections with employers countrywide in order to establish if their payrolls had names of employees who had not paid up their loans.
He says the manhunt for defaulters would start at least beginning next Monday, and would cover the second quarter of FY 2017/2018 that ended on December 31, 2017. Mr Badru also outlined the board’s successes – as well as challenges – even as he laid its strategic plans to improve its efficiency in issuing future loans and their recovery.
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