HELB may soon lock defaulters' bank accounts to recover loans

HELB offices at Anniversary Towers. [File, Standard]

The government is seeking Parliament's approval to recover Sh35 billion from 316,000 university graduates who have defaulted on their Higher Education Loans Board (HELB) loans.

If approved, HELB could gain the authority to access and freeze the bank accounts of these defaulters to recover the outstanding funds.

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