Kampala, Uganda | THE INDEPENDENT | The Parliamentary Committee on Commissions, Statutory Authorities and State Enterprises (COSASE) has tasked the Ministry of Finance to refund 800 Million Shillings to the Departed Asians Properties Custodian Board taken after the closure of the International Credit Bank (ICB). Finance Minister Matia Kasaija on …
Read More »COSASE tasks custodian board to explain over 300 Asian properties owned by one man
Kampala, Uganda | THE INDEPENDENT | The Departed Asians Properties’ Custodian Board has up to a week to produce documents relating to 300 Asian properties owned by businessman, Praful Chandra Patel. The subcommittee of Commissions, Statutory Authorities and State Enterprises-COSASE issued the orders when Praful appeared together with his lawyer, …
Read More »Custodian Board admits selling contested property to Mukwano
Kampala, Uganda | THE INDEPENDENT | Members of Parliament on the sub-committee of Commissions, Statutory Authorities and State Enterprises have dropped investigations into compensation paid to Mukwano Industries by the Uganda National Roads Authority (UNRA). The decision by the sub-committee which was tasked by Parliament to investigate the dubious acquisition …
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