Gulu, Uganda | THE INDEPENDENT | A report by the Auditor General has revealed how Gulu University forked out Shillings 527.5 million to pay accumulated interest to Chinese firm Chongqing International Construction Corporation (CICO) over delayed contract payments. The University management entered a contract with Chongqing International Construction Corporation (CICO) on …
Read More »Chinese company ordered to refund sh1.8b bogus UNRA payment
A Chinese contractor Chongqing International was on Thursday ordered by Uganda’s Parliament to refund sh1.8bn that was paid out under a bogus claim. The chairperson of parliament’s Committee on Commissions, State Authorities and State Enterprises (COSASE) Katuntu ordered that the contractor refund the money by close of business November 29th …
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