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What is Izwe Loans Denies Scandal Allegations about?

Izwe Savings and Loans PLC issued a press release in response to an article in The Vanguard newspaper alleging a "scandal at Izwe Loans". Izwe states that the article is false and baseless, and that neither Izwe nor its directors, management, or employees are connected to the allegations. Izwe has demanded an immediate and unconditional retraction of the article and an apology of equal prominence. Izwe has also referred the matter to its lawyers to take legal action against The Vanguard for the unacceptable

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myjoyonline.com

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