Kamwokya Times
Advertisement
  • Home
  • News
  • Business
  • Health
  • Education
  • Entertainment
  • Politics
  • Opinion
  • Sports
  • Contact
No Result
View All Result
  • Home
  • News
  • Business
  • Health
  • Education
  • Entertainment
  • Politics
  • Opinion
  • Sports
  • Contact
No Result
View All Result
Kamwokya Times
No Result
View All Result
Home News

Court Remands SACCO Leaders Over UGX 2bn Fraud

Kamwokya Times by Kamwokya Times
March 6, 2025
in News
0 0
0
Court Remands SACCO Leaders Over UGX 2bn Fraud
Share on FacebookShare on X

By KT Reporter 

The Buganda Road Chief Magistrates Court has remanded two leaders of the Uganda Liberal Teachers’ Union Members’ SACCO on charges of obtaining money by false pretence and conspiracy to defraud.

The leaders are Evans Mutesasira Kaganizo, the SACCO Chairperson resident of Katanga Zone in Bushenyi District and Esiingwa Hassan Maganda, the General Secretary and a resident of Nacwesambula B, Baitambogwe Sub County, Bunya County, Mayuge district.

The two were on Thursday arraigned before the Court Presided over by the Chief Magistrate Ronald Kayizzi, where they denied obtaining  1.375 billion shillings from the SACCO by falsely pretending to sell 500 acres of land at Block 3 in Kabwoya/Kyangwali Sub counties.  The said crime was reportedly committed between November and December 2024.

However,  records before the Court indicate that investigations revealed that the land does not exist and is part of the Bunyoro Kingdom land, with Maganda only entitled to an equitable share upon completion of the survey.

The court also heard that the SACCO leaders conspired to defraud the organization of  2 75 billion shillings by purchasing non-existent land, a house in Kira and a Toyota Hilux with registration number UBR 938S at an inflated cost of  234 million shillings also in 2024.

Investigations revealed that on  December 9th 2024, the non-existent land was purchased from Hansem Technical Services Limited. The agreement was signed by Mutesasira Evans Kaganizo (Chairperson), Nathan Kakson Twinomujuni (General Secretary), and Ninsiima Allen Buzaare (board member). However, it was discovered that the land was not owned by Hansem Technical Services Limited, and the sale agreement was a sham.

Other InterestingArticles

KCCA PREPARES STAFF FOR LIFE AFTER EMPLOYMENT

KIGENYI STEPS UP SAFETY, UTILITY COMPLIANCE IN KCRRP ROAD WORKS

Uganda Calls for Climate-Resilient Debt Frameworks at World Bank Forum

Congratulations St. Augustine Chapel, My Spiritual and genuine lover, upon celebrating 85 years!

Cementing the Mak-UNISA partnership: Prof. Sarah Ssali meets Dr. Sizile Makola

UPDF Strengthens Gender Inclusivity in Security Forces

FDC Appoints Anna Adeke as Party Whip Following Nsibambi Defection

Prime Minister Nabbanja Opens National Performance Review Conference

Furthermore, investigations showed that on  December 16th 2024, 1,375,030,100 was paid by the Teachers SACCO on the account of Esiigwa Hassan Maganda Nsiyona, not Hansem Technical Services Limited, the vendor in the sale agreement.

This payment was made without the resolution of the SACCO members and the approval of the Registrar of Cooperatives.

Records show that the SACCO leaders spent over 3 billion shillings within a month without following proper procedures.

As a result, this raised suspicions, and a whistleblower complaint was filed with the State House Anti-Corruption Unit in November 2024, alleging misappropriation of the 6.66 billion granted to teachers by President Yoweri Museveni during the National Teachers’ Day celebrations in 2023.

They were remanded until March 19th 2025, as investigations continue-URN. Give us feedback on this story through our email: kamwokyatimes@gmail.com  

Post Views: 527

Read RelatedArticles

KCCA PREPARES STAFF FOR LIFE AFTER EMPLOYMENT
News

KCCA PREPARES STAFF FOR LIFE AFTER EMPLOYMENT

April 16, 2026
7
KIGENYI STEPS UP SAFETY, UTILITY COMPLIANCE IN KCRRP ROAD WORKS
News

KIGENYI STEPS UP SAFETY, UTILITY COMPLIANCE IN KCRRP ROAD WORKS

April 16, 2026
5
Uganda Calls for Climate-Resilient Debt Frameworks at World Bank Forum
News

Uganda Calls for Climate-Resilient Debt Frameworks at World Bank Forum

April 16, 2026
3
Congratulations St. Augustine Chapel, My Spiritual and genuine lover, upon celebrating 85 years!
News

Congratulations St. Augustine Chapel, My Spiritual and genuine lover, upon celebrating 85 years!

April 16, 2026
6
Cementing the Mak-UNISA partnership: Prof. Sarah Ssali meets Dr. Sizile Makola
News

Cementing the Mak-UNISA partnership: Prof. Sarah Ssali meets Dr. Sizile Makola

April 16, 2026
7
UPDF Strengthens Gender Inclusivity in Security Forces
News

UPDF Strengthens Gender Inclusivity in Security Forces

April 16, 2026
7

Top Stories

KCCA PREPARES STAFF FOR LIFE AFTER EMPLOYMENT
News

KCCA PREPARES STAFF FOR LIFE AFTER EMPLOYMENT

by Kamwokya Times
April 16, 2026
0
7

Read more

KIGENYI STEPS UP SAFETY, UTILITY COMPLIANCE IN KCRRP ROAD WORKS

Uganda Calls for Climate-Resilient Debt Frameworks at World Bank Forum

Congratulations St. Augustine Chapel, My Spiritual and genuine lover, upon celebrating 85 years!

Featured News

KCCA PREPARES STAFF FOR LIFE AFTER EMPLOYMENT
News

KCCA PREPARES STAFF FOR LIFE AFTER EMPLOYMENT

by Kamwokya Times
April 16, 2026
0
7

Read more

KIGENYI STEPS UP SAFETY, UTILITY COMPLIANCE IN KCRRP ROAD WORKS

Uganda Calls for Climate-Resilient Debt Frameworks at World Bank Forum

Congratulations St. Augustine Chapel, My Spiritual and genuine lover, upon celebrating 85 years!

Kamwokya Times

Copyrights © 2024 All Rigts Reserved

  • Home
  • News
  • Business
  • Health
  • Education
  • Entertainment
  • Politics
  • Opinion
  • Sports
  • Contact

No Result
View All Result
  • Home
  • News
  • Business
  • Health
  • Education
  • Entertainment
  • Politics
  • Opinion
  • Sports
  • Contact

Copyrights © 2024 All Rigts Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?