The Higher Education Loans Board (HELB) has flagged as fake reports of freezing the bank accounts of 316,000 graduates who have defaulted on their academic loans.
In a statement shortly after the post went viral, HELB described the report as fake and a tactic to spread misinformation to the masses, urging beneficiaries to verify any information about the board on its official page. "Relax, your bank account is safe!
That viral post saying HELB is freezing accounts?
Pure fiction & misinformation!