Kaijuka gets sh340m in benefits
THE Government has approved a claim by the former trade minister, Richard Kaijuka, to be paid US$189,000 (sh340m) in retirement benefits as former chairman/managing director of Uganda Commercial Bank (UCB).
By Hamis Kaheru
and Henry Mukasa
THE Government has approved a claim by the former trade minister, Richard Kaijuka, to be paid US$189,000 (sh340m) in retirement benefits as former chairman/managing director of Uganda Commercial Bank (UCB).
Makindye East MP Michael Mabikke yesterday presented a letter to Parliament in which finance minister Gerald Sendaula asked the Bank of Uganda governor to effect the payment.
Sendaula said in the March 23 letter that Kaijuka had appealed for his terminal benefits but he could not trace his appointment letter.
“He (Kaijuka) has sworn an affidavit before the Attorney General in support of his claim,†the letter said. Kaijuka was UCB chairman from 1979-85.
Sendaula asked that the claim be settled in the resolution process of UCB.
Kaijuka was until 2002 the alternate executive director at the World Bank. He lost the job following alleged corruption in the proposed Bujagali Dam affair.
Ends
and Henry Mukasa
THE Government has approved a claim by the former trade minister, Richard Kaijuka, to be paid US$189,000 (sh340m) in retirement benefits as former chairman/managing director of Uganda Commercial Bank (UCB).
Makindye East MP Michael Mabikke yesterday presented a letter to Parliament in which finance minister Gerald Sendaula asked the Bank of Uganda governor to effect the payment.
Sendaula said in the March 23 letter that Kaijuka had appealed for his terminal benefits but he could not trace his appointment letter.
“He (Kaijuka) has sworn an affidavit before the Attorney General in support of his claim,†the letter said. Kaijuka was UCB chairman from 1979-85.
Sendaula asked that the claim be settled in the resolution process of UCB.
Kaijuka was until 2002 the alternate executive director at the World Bank. He lost the job following alleged corruption in the proposed Bujagali Dam affair.
Ends