Accountant General admits Central Bank funds misallocation

In a scandal that has raised serious concerns about financial management in Uganda, the Ministry of Finance has confirmed that over 60 billion Uganda shillings, intended to service the country’s public debt, was instead transferred to two companies; Roadway Company Limited and MJS International that were not registered as government service providers. Now, lawmakers are investigating how this unprecedented financial misallocation occurred. This issue is being closely scrutinized by the Committee of Parliament on Commissions, Statutory Authorities, and State Enterprises.

#NTVNews #NTVTonight #NTVWeekendEdition

Subscribe to Our Channel

[Johnbeatsfood]

All these people must be relieved of their duties

[MatovuJob]

Everything is confusing, starting with a Ssemakula who speaks with a western accent .

[alfredkasamba]

Integrity would be the only consideration for one to be entrusted with such juicy positions

[yaweh]

The irony is that the two wrong companies have no connection (business wise) and their company names are not even similar…

[MatovuJob]

The other time it was Bagyenda, ; this time it is Kahimakazi . Abashuma on the rampage until Jesus arises again .

[richardorane]

This is a horrible robbery.
In Uganda you can now do anything and get away with it.

[robertwomack]

Someone had to approve those payments! Complete incompetence.

[morrisobiki]

Remove your watermark from the centre of every video or atleast reduce the opacity.

[EmpowerHerUG]

some people should be punished for this.

[saruloherbert]

But if we don't make corruption dangerous this vice will never leave this Land, how can a competent person say comfortably say it was a transfer done wrongfully, these Shameless Thieves...

[mugabiamina]

The problems in uganda...yii God remember us...what kind of curse is this on our country? Intervene for us

[Fires]

In a functional country, all the thieves would have been relieved of their jobs but unfortunately in Uganda, the thieves thrive.

[TonnyOkello]

Semakula is an imposter, he needs to be further investigated. That accent is not for Semakula

[boxoffisa]

One day God will save Uganda from these. Amen.

[toppicks]

I haven't heard of anyone being fired.

[ProsperSounds]

Sente z'Eggwanga bazirina. Kazinda, avunddira mu kkomera naye bano, bbo bali mu kulya butaala na kulya Chicken

[LukwagoIsaac-nw]

😂😂, they should be held accountable 😂😂. Our president should intervene to fight corruption that's taking our government to fall, 😂

[jounia]

The so called Ssemakula, where did you get this Baganda name?? I know you very well, you are a Munyankole man.

[Makumbi]

It seems there is no stp in that process.
We need to know the process.
If email is the only communication between mof and bou, then that was/is the problem.
Email was hacked on one end and one message was replaced with another.
A forensic analyst needs to examine the whole digital trail to discover at which point the message changed.

[loloful]

Just Admit it's All for coming Elections and Campaigns. Will just see it as OK.