The Management of the University of Education, Winneba (UEW), has banned the operations of hire purchases, private loans and non financial companies on all its campuses with immediate effect, an official statement has said.
The authorities have directed the university Security officers and the police to arrest companies who flout the ban and students who cooperate with them.
This follows the increasing rate at which some students and other persons are fraudulently using pay slips of students on paid study leave to acquire loans and items on hire purchase.
The statement was signed by the Registrar of the University, Mr Charles Y. Akwaa-Mensah, and copied to the Deans of Students, at the Winneba, Kumasi and Mampong campuses, the Effutu Municipal Police Commander and the Ghana News Agency in Winneba.