MD accused of recruiting relatives, forging financial statements and failing to comply with government’s development plan Kampala, Uganda | ISAAC KHISA | The Managing Director for Uganda Posta Limited, James Arinaitwe, is caught up in a fight to secure a ‘third term’ following the expiry of his contract last month, …
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Kampala, Uganda | THE INDEPENDENT | Financial indiscipline by government ministries, departments and agencies led to a loss of sh 864.8 billion in the year ending December 31, 2018, according to a new audit report released by the Auditor General John Muwanga today. The Auditor General says that as a …
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Auditor General Presents 2016/17 Audit Report to Parliament Kampala, Uganda | THE INDEPENDENT | A worrying trend of financial indiscipline in some government departments resulting in massive corruption, excessive and unaccounted-for spending are the hallmarks of an audit report by the Auditor General. The report presented to the Speaker of Parliament …
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The Auditor General John Muwanga has demanded for Shs5billion to carry out a specialized audit on the quality of construction of Uganda’s multibillion hydropower projects; Karuma and Isimba in the next financial year 2017/2018. Muwanga told Parliament’s finance committee that his office was tasked with conducting an audit on the …
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Details of accusations against Isabalija emerge In what appears to be a continuing standoff between the Secretary to Treasury (ST), Keith Muhakanizi and officials of the Uganda Electricity Generation Company Ltd (UEGCL), The Independent has learnt that Muhakanizi was apparently blocked from auditing UEGCL accounts. The Independent has obtained a …
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Finance PS controls government purse, but new Energy PS has Museveni’s ear A stealth fight is brewing between new Energy Ministry Permanent Secretary, Stephen Isabalija, and veteran Secretary to the treasury, Keith Muhakanizi, with insiders saying it threatens to hurt implementation of government projects worth billions of shillings, if not …
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Advises Muhakanizi, Kasaijja: Read before you borrow Keith Muhakanizi, the secretary to the treasury, appears to have mastered the art of passing the buck to his team of accounting officers whenever the question of the government failure to use borrowed money comes up. In the latest melee, Muhakanizi finds himself …
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As of June30, committed but un-disbursed debt stood at Shs18.1trillion, this is according to the new report released by the Auditor General. In the report, the auditor General revealed that several loans performed poorly whereby some had reached closing date yet others were nearing expiry without being fully disbursed something …
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VIDEO: The Office of the Auditor General has released a shocking report on Uganda’s financial stand, putting the country’s liabilities at sh 6.5 trillion. According to the Auditor General John Muwanga, the bulk of this money is supposed to go to the legal proceedings lodged against the government. …
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Since 1962, we have seen history repeating itself This October 9, Uganda celebrated 54 years of Independence. It is a good point to look back and ponder what 2016 has in store for Ugandans. Looking at our nation’s history since Independence from the British colonialists in 1962 shows that years with …
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The Independent Uganda: You get the Truth we Pay the Price