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Global Management Responds on Parent ID Loans
The management of Global International Schools revealed that they conducted an internal review of their recent campaign concerning consumer loans, which had involved parents' cards without their knowledge. They confirmed that the procedures with the financing company were not in line with the previous agreement, and that the contract did not include any obligations on the parents. The school decided to terminate its contract with the financing company and to take the necessary legal actions to protect the rights of the families. They also clarified that they have canceled any liabilities on the parents regarding the loans. A meeting with the parents is being scheduled to present the review's findings, with a focus on safeguarding their rights and restoring trust. These developments come after a complaint from a parent regarding the school obtaining loans worth millions of pounds using their personal cards without permission, raising concerns about potential financial fraud involving the institution.
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