Dar es Salaam, April 8 -- SHINYANGA: SHINYANGA Municipal Council has dished out over 255m/- in loans to 19 special groups, with authorities issuing a strong warning against misuse of the funds.
Speaking during the loan disbursement process recently, Acting Municipal Director (DED), Mr Peres Kamugisha, emphasised that beneficiaries must utilise the funds strictly according to their submitted proposals. Defaulters, he warned, would face legal consequences, including losing future eligibility for financial support.
“These ten-percent loans are issued under the Local Government Finance Law, Article 290. Fund misallocation, including changing the proposed project, is an offence,” Mr Kamugisha stated.
He cited the example of 35 m...
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