Suma JKT gives 15 days to loan defaulters
The President John Magufuli launch a Suma-JKT investment centre at the JKT Mgulani in Temeke district
What you need to know:
- This comes just few days after President John Magufuli issued a 30 to public and private institutions to pay Suma JKT debts amounting to Sh38.3 billion.
Dar es Salaam. SUMA JKT, a company under the National Services, has given loan defaulters until June 15 to make sure that they have settled their debts with the institution.
This comes just few days after President John Magufuli issued a 30 to public and private institutions to pay Suma JKT debts amounting to Sh38.3 billion.
The debts relate to the sale of tractors to the institutions by Suma-JKT. This is in addition to debts amounting to Sh3 million that are also owed to Suma-JKT by other institutions which availed themselves of security guard services from Suma-JKT, the investment/economic wing of the Tanzania National Service that was established in 1982 as National Service Corporation Sole.
“All payment should be done through National Service Corporation Sole account in either NMB bank with account number 2250660305 or CRDB bank account number 1098139600,” an announcement posted in various newspapers revealed.
Through the statement, which was released by SumaJKT department of information services, indicates that stern measures will be taken against the defaulters, who will fail to settle their debts.
The President issued the directive during a short ceremony to formally launch a Suma-JKT investment centre at the JKT Mgulani in Temeke district yesterday.
Revealing that “public and private institutions bought tractors from Suma-JKT at a total cost of Sh40 billion,” the president stated that only Sh2 billion of that amount has so far been paid.
“Tanzanians have the tendency to overlook matters – and it’s a very bad sign that they are now doing this to the military,” Dr Magufuli was quoted as saying.
Upon expiry of the 30 days ultimatum, the President directed security and defence organs – including the military police of the Tanzania People’s Defence Force (TPDF) – to take action against the defaulters.
The Citizen learnt through an insider who spoke on condition of anonymity that some of the defaulters include MPs, regional and district commissioners as well as ordinary Tanzanians.
