Letshego CEO is on leave has not fled
By Drone Staff
Letshego Management has responded to media reports about their Chief Executive Officer (CEO), who had been falsely accused of fleeing the country over sale of a colateral security; a mansion in Kampala.
According to a statement from Letshego, the management was bothered by the false accusations. “We have taken note of circulating reports on social media about Mr. Aijukwe Giles, CEO Letshego Uganda “fleeing the country” following a sale of a borrower’s property. We wish to clarify to all our stakeholders as follows;
- It is not true that our CEO Mr. Aijukwe Giles fled the country following the sale. He took official leave and will return to run the company at its completion.
- The impugned property, Block 214, Plot 4773in Kisasi was properly sold under the Mortgage Act, and regulations there under, where Letshego Uganda exercised its rights as a mortgagee.
- The property was sold to the highest bidder per the auction. It is therefore not true that our CEO bought the said property through a third party/proxy.
We request the general public to treat this story with the contempt it deserves. Letshego remains committed to professionalism and excellent customer experience,” the satatement from Letshego Uganda reads.