Jamwa sent back to Luzira to serve 12-year sentence

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The high court has cancelled former National Social Security Fund (NSSF), managing director, David Chandi Jamwa’s bail and sent him back to Luzira prison to continue serving his 12-year sentence for causing a financial loss of Shs3.1billion to government. In a majority decision, three of the five justices on the panel said that they did not find any merit in Jamwa’s grounds of appeal which were accordingly dismissed. “We find the appellant’s (Jamwa) sentence of 12 years imprisonment for causing financial loss contrary to section 20 of the Anti-Corruption Act…

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Trade minister Michael Kafabusa Werikhe named among forest encroachers

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State minister for Trade Michael Kafabusa Werikhe, has been named among top government officials and other people who have encroached on Namanve Central Forest land in Wakiso District and acquired titles. The minister’s name appeared on a list of eight encroachers who include individuals and companies that National Forestry Authority (NFA) officials presented before the Parliament’s Committee on Natural Resources yesterday. The NFA team led by executive director, Mr Tom Okello, together with minister for Water and Environment, Mr Sam Cheptoris, appeared before the Committee chaired by Mr Keffa Kiwanuka.…

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SCANDAL: LDU arrested for shooting man

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A Local Defence Unit (LDU) officer by the names of Abdul-Aziz Mwanjje was arrested for allegedly shooting dead a civilian at Kabusu in Rubaga Division in Kampala Tuesday morning. Mwanjje is being detained at Old Kampala Police Station on suspicion of killing Jimmy Ssetumba, a resident of Bunamwaya in Wakiso District. The Kampala Metropolitan Police Spokesperson, Patrick Onyango, says trouble started around 5am when a female entertainer whom witnesses described as a commercial sex worker raised an alarm accusing Ssetumba of snatching her bag containing among other things money. According to…

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MPs want Nawangwe to resign

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A section of Members of Parliament have called for the resignation of Makerere University Vice Chancellor Prof Barnabas Nawangwe following a protracted student strike and subsequent ‘brutal’ arrests of students. The call by MPs comes just days after armed military officers stormed Lumumba Hall, a male students’ residence and reportedly broke into about sixty rooms where they destroyed students’ property on top of beating them up as reported in the media. The raid on the students’ hall was a subsequent of the students’ protest against a 15 per cent tuition…

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Breaking News: DFCU Bank to close 22 branches countrywide.

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News coming in to Daily Inspector show that DFCU bank is to close 22 branches countrywide. We have learnt that the branches to be closed are those that are being housed in buildings owned by City businessman Sudhir Ruparelia. Daily Inspector has been told that the embattled DFCU bank finally agreed to vacate all buildings that are owned by Meera Investments and Crane Management services. According to the document that we have seen, DFCU Bank has already opened bids for companies that want to provide consultancy services during the relocation…

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Meera Investments drags FBW, a UK based consultancy firm to court over breach of contract

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Police in Kampala is investigating a case in which a UK based consultancy firm defrauded Meera Investments a huge sum of money amounting to 2.5 billion Uganda shillings. Daily inspector got news that FBW was contracted by Meera Investments to give consultancy in the construction of Speke Apartments Wampeewo and the extension of Kabira Country Club. According to the reliable sources, Meera Investments approached FBW in 2012 and the two signed a contract to construction of Speke Apartments Wampeewo and the extension of Kabira Country Club. The details further reveal…

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How $2.6m DFCU Scam was carried out

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In May 2019 DFCU bank detected a case of fraud which was reported to CID head offices at Kibuli in Kampala and a general enquiry file was opened- (CID HDQTRS GEF 604/2019) to aid in investigations. DFCU had chosen to remain tightlipped about the case had it not been the pressure mounted by online news stories about the incident which the bank officials considered to dismiss as malicious and grossly misrepresented to damage the reputation of the bank. This website for instance reported in July 2019 that DFCU bank had…

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Should Margaret Kaggwa Kasule continue her role as head of legal affairs at the central Bank?

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Just within a space of one year, the central bank has lost many legal suits and among them is the one that they lost against businessman Dr. Sudhir Ruparelia. In this case, the central bank was faulted for fielding a weak legal team. A few weeks ago Justice David Wangutusi of Commercial dismissed a case in which Bank of Uganda (BoU) claimed that Mr. Ruparelia and his Meera Investments Ltd claimed that he fleeced his own Crane Bank Ltd (now in receivership) of UGX397 billion. On advice of the internal…

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BoU ready to spend shs.110b Taxpayer’s Cash as Costs Appealing loss to Sudhir over Crane bank case

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Bank of Uganda is determined to cost Ugandans more shs 79 billion in its attempt to appeal a commercial litigation against property mogul Sudhir Ruparelia having lost at the beginning of the week in a commercial court and ordered to pay legal costs amounting to shs 39 billion. In this court battle it’s the taxpayers who lose because Bank of Uganda uses money generated from the taxes paid by the citizens. Last Monday, the head of Commercial Court Justice David K Wangutusi threw out a case in which Bank of…

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Reprimand Gen Tumwine – Parliament

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Parliament has recommended that Security Minister, Gen Elly Tumwine, be reprimanded for breaching the privilege of a Member of Parliament and disrespecting the legislature. This follows a recommendation by the Committee on Rules, Privileges and Discipline, which observed that, “from the conduct of Gen. Tumwine, the Committee finds that he actually assaulted Hon. Cecilia Ogwal.” The committee’s recommendations follow an inquiry ordered by the Speaker into allegations that Gen Tumwine attacked the Dokolo Woman MP, Hon Cecilia Ogwal on 23 July 2019 after the plenary sitting. It was alleged that…

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COSASE summons Mutebile

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The Parliamentary Committee on Commissions, Statutory Authorities and State Enterprises (COSASE) has summoned the Central Bank Governor, Emmanuel Tumusiime Mutebile, to answer queries of loss of property during the closure of seven commercial banks. The summons follow the failure by the Governor to appear before the Committee on three occasions. Mutebile was invited to appear before the committee to answer queries of the loss of properties by some individuals during the closure of seven commercial banks. The banks that were closed between 1993 and 2016 include Teefe Trust Bank, International…

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Tullow oil transfers it’s managing director Jimmy Mugerwa on allegations of abuse of office

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Recently the President dismissed Tullow Oil’s managing director from a state house meeting after receiving credible intelligence information that the Oil Executive was heavily involved in dubious activities including money laundering, fraud and abuse of office call it corruption. Mr Mugerwa has been responsible for the delivery of Tullow’s Uganda work programme and the forthcoming Lake Albert Basin Development Plan together with the Government of Uganda and Tullow’s partners, CNOOC and Total,” a press statement from Tullow oil reads. He previously worked with Shell as Manager of Sales & Operations…

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A cry of a disgruntled DFCU Client.

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DFCU has been and is still my bank for over 4 years. At first I enjoyed their services very well and I would recommend everyone who wanted to open an account to DFCU. They had good customer care which would be exhibited to me whenever I would enter into their banking hall. Things about this bank changed when they took over crane bank. I do not know if I am the only one having issues with DFCU but I know there are very many clients out there who are having…

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Government to respond on closure of commercial banks

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Government is set to implement some of the recommendations of the probe report into Bank of Uganda (BoU) operations that led to the controversial closure of seven commercial banks in the period of over 20 years, according to the Minister of Finance Matia Kasaija. Parliament’s  Committee on Commissions, Statutory Authorities and State Enterprises (Cosase) chaired by Mr Abdu Katuntu made the recommendations in February this year after five months of interrogating BoU top officials  over the closure of seven commercial banks, the last one being the closure of Crane Bank…

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Incompetence: BoU hired lawyers weren’t aware that an institution under receivership can’t be sued and can’t Sue.

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Let me check how much was paid to the first lawyers that filed a lawsuit against Sudhir, the figure is around 1.2 billion shillings for a case that never should have been filed at least according to the law. Why do I say this case shouldn’t have been filed in any court under Ugandan law, institutions in receivership can’t be sued and therefore can not sue. Meera investment vs URA the justices of the Supreme Court ruled that Since URA can’t be sued it cannot also sue, the same law/decision…

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A cry of a parent at Hillside Primary School Naalya

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I am writing this piece of information with a lot of pain as a parent that today’s schools are silently killing our children’s emotions and morale. My daughter is at Hillside p/s Naalya P.4,they are ill treated, intimidated, threatened and beaten everyday I.e, if you don’t score 80% and above you are canned 10 strokes which is inhumane. All the kids are unhappy and live in total fear. My daughter used to be good in every subject and was among the best 5 but now is not and I have…

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MORE BOU’S SECRETS UNVEILED: MUTEBILE RECRUITED STAFF MEMBERS WITHOUT CONDUCTING INTERVIEWS.

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A confidential report of the presidential tripartite committee, authored February this year, has detailed how the bank of uganda (BoU) governor, Emmanuel Tumusiime-Mutebile, personally recruited five senior staff without subjecting them to any interviews as required by law. The staff who were externally recruited by Tummusiime-Mutebile are; Dr. Twinemanzi Tumubweinee (Executive Director Supervision), Mr. Valentine Ojangole ( Director Banking), Mr Edward Mugerwa (Director IT Operations Department), Ms. Kande Sabiiti (Procurement Assurance Manager/Director) and Dr. Natamba Bazinzi (Assistant Director Currency Administration in Currency Department). The findings are as a result of…

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MPs demand government to suspend officials implicated in BoU saga

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A section of legislators has asked government to immediately suspend all the officials at the Bank of Uganda said to be implicated in the on-going currency scandal. The MPs also want government to hire an international audit firm to do a forensic audit of the central bank. The calls come three months after the parliamentary committee on Commissions, Statutory Authorities and State Enterprises (COSASE) investigated the bank’s role in the closure of seven commercial banks and came out with a damning report. The MPs who included Hassan Kaps Fungaroo of…

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