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Nairaland Forum / Nairaland / General / Business / NITDA Fines Soko Loans 10m For Invasion Of Privacy (856 Views)
Data Protection Bureau Fines Soko Loans ₦50 Million For Data Breach / Soko Loan Has Finally Defamed Me (pictures) / Soko Loan Fined ₦10 Million By NITDA For Privacy Invasion (2) (3) (4)
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NITDA Fines Soko Loans 10m For Invasion Of Privacy by PrinceOfLagos: 3:42pm On Aug 18, 2021 |
The National Information Technology Development Agency (NITDA) has slammed a N10 million sanction on an online lending platform, Soko Lending Company Limited (Soko Loans), for privacy invasion. https://www.sunnewsonline.com/nitda-fines-soko-loans-n10m-for-invasion-of-privacy/ 3 Likes
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Re: NITDA Fines Soko Loans 10m For Invasion Of Privacy by PrinceOfLagos: 3:45pm On Aug 18, 2021 |
Honourable Akin Alabi, House of reps member, on soko loan and the rest of the predatory loan sharks
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Re: NITDA Fines Soko Loans 10m For Invasion Of Privacy by ArcFresky(m): 3:46pm On Aug 18, 2021 |
Loan sharks. |
Re: NITDA Fines Soko Loans 10m For Invasion Of Privacy by PrinceOfLagos: 3:49pm On Aug 18, 2021 |
That was how one idiot called me the other day and was reporting someone to me and even went as far as threatening over something i know nothing about |
Re: NITDA Fines Soko Loans 10m For Invasion Of Privacy by Is04970: 4:04pm On Aug 18, 2021 |
CBN and NITDA are both compromised. The fine should be in the region of 50 million Naira. Imagine giving out a loan for 6 days with 25% interest? What are the regulatory bodies doing to protect Nigerians? Shame on them all. 4 Likes 1 Share |
Re: NITDA Fines Soko Loans 10m For Invasion Of Privacy by LibertyRep: 4:19pm On Aug 18, 2021 |
They have even gone to thr extent of sending WhatsApp messages. |
Re: NITDA Fines Soko Loans 10m For Invasion Of Privacy by vedaxcool(m): 4:24pm On Aug 18, 2021 |
Good regulators are waking up to their duties But serial debtors should learn to stop borrowing they have little capacity of paying. |
Re: NITDA Fines Soko Loans 10m For Invasion Of Privacy by seunmsg(m): 5:29pm On Aug 18, 2021 |
PrinceOfLagos: Now that Buhari is doing something about the problem, we should appreciate and encourage the effort. |
Re: NITDA Fines Soko Loans 10m For Invasion Of Privacy by seunmsg(m): 5:30pm On Aug 18, 2021 |
Is04970: They will say government is killing businesses with harsh policies. |
Re: NITDA Fines Soko Loans 10m For Invasion Of Privacy by PrinceOfLagos: 5:47pm On Aug 18, 2021 |
seunmsg:Buhari wicked style of leadership s the reason most Nigerians now go borrowing 1 Like |
Re: NITDA Fines Soko Loans 10m For Invasion Of Privacy by PrinceOfLagos: 9:49am On Aug 19, 2021 |
Oh |
Re: NITDA Fines Soko Loans 10m For Invasion Of Privacy by FarahAideed: 10:12am On Aug 19, 2021 |
But most of these Onigbese gave approval for their phone books to be Cached just because they wanted the loan ...if you don't want your phone book cached then decline and reject the loan |
Re: NITDA Fines Soko Loans 10m For Invasion Of Privacy by FarahAideed: 10:15am On Aug 19, 2021 |
seunmsg: There is no problem here in the first place because before people borrow they are have to agree to allow their phone books to be cached and they all agree ...The simple solution is to decline the phone book access from the onset |
Re: NITDA Fines Soko Loans 10m For Invasion Of Privacy by seunmsg(m): 10:38am On Aug 19, 2021 |
FarahAideed: Accessing a borrowers phone book is not the problem. The problem is harassing the people whose contacts they took from the borrowers phone book with unsolicited calls and messages when there is a default. These are people who were never party to the loan agreement. Why the harassment over a deal they know nothing about? 1 Like |
Re: NITDA Fines Soko Loans 10m For Invasion Of Privacy by Maxymilliano(m): 11:47am On Aug 19, 2021 |
I got a Whatsaap message from these loan sharks few weeks back saying I should warn a certain lady who collected money and ran away with it. I was like "Abi werey nse awon eleyi ni" |
Re: NITDA Fines Soko Loans 10m For Invasion Of Privacy by PrinceOfLagos: 12:11pm On Aug 19, 2021 |
Maxymilliano:Got same about a lady I used to know back in the day , didn't know she still got my number. The most annoying part s that I was told in the text message that she used my name as collateral and I was like what the Bleep |
Re: NITDA Fines Soko Loans 10m For Invasion Of Privacy by tamdun: 12:28pm On Aug 19, 2021 |
PrinceOfLagos: my wife's phone was stolen and all her money withdrawn, now one migo is calling my sister that one Mrs(my wife) borrowed money from them, those mofo even use one of her contacts as guarantor,the fraudsters just picked one num from her contact list... |
Re: NITDA Fines Soko Loans 10m For Invasion Of Privacy by Ishilove: 12:36pm On Aug 19, 2021 |
Whew!! About time. Now my colleague can breathe easy 1 Like |
Re: NITDA Fines Soko Loans 10m For Invasion Of Privacy by Nobody: 12:39pm On Aug 19, 2021 |
Is04970: They give out loans like that because the nature of their business is high risk. There is a high chance most of their customers won't pay. That's the risk. |
Re: NITDA Fines Soko Loans 10m For Invasion Of Privacy by Mynd44: 12:42pm On Aug 19, 2021 |
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