Deputy Speaker of Parliament, Thomas Tayebwa has decried the harassment from agents of Mangu cash, an online money lending App.
Tayebwa revealed that a harassing call from a Mangu Cash agent threatened action if he failed to produce an individual who had apparently listed him as a next of kin.
In a post on X (formerly Twitter), Tayebwa expressed alarm over the call, which allegedly included threats to deduct money from his account if he did not assist in locating the borrower.
“Whoever is regulating these online lenders should crack the whip on them. I have just received a call from some tough-speaking lady claiming to be from Mangu Cash threatening to deduct their loan money if I don’t produce some random person who put my name as their next of kin when they were borrowing. I think a lot of criminality is going on. I hope our telecoms do not allow their mobile money platforms to be used to carry out fraud orchestrated by such unscrupulous companies. @Tom_Magambo you need to interest your self in this sector many Ugandans might be dying quietly.” Tayebwa took to his X account.
Tayebwa appealed to the Uganda telecoms to avoid such fraud since it embarrasses the reputation of the companies.
Some of the apps include; iKash, Flypesa, banana app, Loango, Nile, gloan app, Boom loan, Mpacash, Cashpulse, Credit lab, Flowerloan, Wind-money, Lever credit, Cashmate, Ezee loan, Kasente, Sunlit, Wind money, Cashflow, Moji, Ozzy money, Mumu money, Kasquick, More Pesa, Muno, My loan, Real Cash, Star Loan, Get Cash and many more.
