UGANDA loses about sh600b annually in procurement frauds by government officials. Latest findings indicate that several Government institutions are riddled with corruption, which is hindering development, said Makerere University lecturer Prof. Augustine Nuwagaba.
Nuwagaba, who is also a consultant with REEV Consults International Ltd, added that: â€œThis does not mean that other sectors are okay. They also lose billions of money in corruption.â€
He was speaking at the commemoration of the International Corruption Day by the Inspectorate of Government in Kampala yesterday. The day is marked on December 9, worldwide.
The money lost in procurement every year can pay all the expenses for all Makerere University students for two academic years.
The Inspector General of Government, Faith Mwondha, warned against corruption, saying it deprives people of their right to access social services in addition to many other evils.
â€œCorruption has greatly undermined Ugandaâ€™s steps attained in development,â€ she added.
Mwondha warned that: â€œIf corruption continues untamed, it is likely to fail the Prosperity for All programme.â€
She attacked government officials and people who say there is no political will to fight corruption.
Mwondha, who was the guest of honour, urged Ugandans to support a collective effort in the fight against corruption.
Uganda loses sh600b annually due to corruption