Uncategorized

Undenge in trouble over US$121k bank loan

Charles Laiton ·

Former Energy minister Samuel Undenge has been taken to High Court by CBZ Bank Limited over a US$121 062 debt.

The financial institution recently issued summons against the former minister, who is yet to respond to the litigation.

According to the bank, Undenge approached the financial institution on November 12, 2009 and was offered a loan facility which he duly accepted and utilised.

This story is for NewsDay subscribers.

Discover more from Newsday

Subscribe now to keep reading and get access to the full archive.

Continue reading