Jamwa sentencing for today
Mar 08, 2011
FORMER NSSF managing director David Chandi Jamwa is to be sentenced today by the Anti-Corruption Court.
FORMER NSSF managing director David Chandi Jamwa is to be sentenced today by the Anti-Corruption Court.
Jamwa is currently on remand at Luzira Prison in Kampala. On March 3, justice John Bosco Katutsi ordered that he be taken back to prison until today. He acquitted him of the charges of abuse of office.
He had been indicted on two counts of abuse of office and causing financial loss of sh3b, which NSSF would have earned if the Treasury Bills had been allowed to mature.
The penalty for causing financial loss is imprisonment not exceeding 14 years, a fine of sh7m or both.
Jamwa is currently on remand at Luzira Prison in Kampala. On March 3, justice John Bosco Katutsi ordered that he be taken back to prison until today. He acquitted him of the charges of abuse of office.
He had been indicted on two counts of abuse of office and causing financial loss of sh3b, which NSSF would have earned if the Treasury Bills had been allowed to mature.
The penalty for causing financial loss is imprisonment not exceeding 14 years, a fine of sh7m or both.