Kampala, Uganda | THE INDEPENDENT | The Criminal Investigations Directorate (CID) has recovered Shillings 3.8 billion that had been stolen by some suspects masquerading as teachers in government schools. The CID spokesperson Charles Twine, says that they also managed to intercept another Shillings 7.8 billion that was on an account in …
Read More »Bududa teachers default UGX 100M Sacco loan
Bududa, Uganda | THE INDEPENDENT | Bududa Teachers Sacco has failed to pay back a loan of 100 Million Shillings from Walimu Cooperative Savings and Credit Union Limited. President Museveni gave Walimu Sacco 25 Billion Shillings as an initiative to help improve the teachers welfare. In 2017, over 150 teachers from …
Read More »How teachers were duped into paying loans they never acquired
Kampala, Uganda | THE INDEPENDENT | The Criminal Investigations Department has identified cases of fraud and forgeries by managers of saving schemes that were meant to benefit from the teachers revolving fund. These were unearthed as part of the investigations into the embezzlement of 11 out of the 25 billion Shillings …
Read More »The real thieves of teachers’ money
THE LAST WORD: The real story of how teachers’ money was stolen and how the wrong guys were framed and jailed THE LAST WORD | Andrew M. Mwenda | On September 9, all major news outlets in Uganda ran a screaming headline: `Microfinance Support Centre officials charged with embezzlement’. It …
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