Prevent Police Officers From Getting Quick Loans From Private Companies – Former Police Detective At IGP


General information for Wednesday, August 11, 2021


Retired cop wants IGP to stop cops from taking quick loans

Retired police detective Samuel Nana Appiah Owusu called on the police administration to immediately put in place measures to prevent junior officers from accessing quick loans from private financial institutions.

According to him, because most of these agents take out several loans, which leaves them with a paltry sum of money each month after deducting the deductions, the situation accumulates so much pressure and stress on them, which also negatively affects their work. .

Samuel Nana Appiah Owusu made the comment in an interview with Bonohene Baffuor Awuah on Ghana Kasa on Kasapa FM on Tuesday following an incident in which a female corporal was found dead in a hotel in Nkawkaw. The deceased had indicated in a handwritten note that she owed many people money.

The former police detective and a security analyst said the police administration must act now or end up with officers under stress and under pressure, which will affect the efficiency of police services.

“There is one problem of concern that I think the police administration should make a move to stop immediately and that is the penchant for junior police officers to quickly access quick loans from financial services. When an agent faints, as soon as he receives the third or fourth payslip, the agent quickly requests a loan from financial institutions. But the police administration has set up a social protection system where any officer in urgent need of money can apply for financial assistance and a small amount will be deducted monthly. The interest on this loan is very low compared to that of private financial services. So why are the police rushing to get loans from such finance companies, which is relatively expensive.

He added, “Many officers have taken out multiple loans from these companies, so a huge amount of money is deducted from their salaries, leaving them with a paltry sum at the end of the month. If such an officer is a woman, life becomes difficult, leading them to engage in relationships that are dangerous to their survival and their benefactors take advantage.

“It is not that they lose consciousness, but it increases the pressure and stress on them, which negatively affects their life and work. I therefore beg the police administration to immediately put measures in place to prevent agents from accessing such quick loans. “


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