Nabilatuk district Chairperson John Paul Lokol has called upon financial institutions disbursing the parish development model-PDM funds to reconsider the bank charges that the beneficiaries meet when accessing the said monies.

According to Lokol, in his district, a charge of fifty thousand shillings was levied on the beneficiaries with each beneficiary receiving less the amount applied for, something he says distorts the budget plan of the beneficiaries.

Lokol argues that the beneficiaries while drawing their budget plans did not allocate figures to bank charges.

Lokol has expressed fears that the beneficiaries might lose the monies to criminals due to the high bank charges that might scare them away from the banks, yet it is the safest way of keeping the money coupled with the fact that most beneficiaries do not know how to use mobile money and barely own phones.

Cue//…Lokol on bank charges

The district chairperson says as the district, they have started engaging banking institutions so as to harmonize the situation, adding that they should also sensitize the public about their charge rates.