NSSF chiefs wanted over sh8b deal
Jul 06, 2010
MPS have summoned three former National Social Security Fund (NSSF) chiefs to explain the loss of over sh8b in the botched Nsimbe Holdings Limited.
By Milton Olupot
and Madinah Tebajjukira
MPS have summoned three former National Social Security Fund (NSSF) chiefs to explain the loss of over sh8b in the botched Nsimbe Holdings Limited.
Former board chairman Onegi Obel and former managing directors David Chandi Jamwa and Leonard Mpuuma are to appear before the committee probing the mismanagement of NSSF.
James Isabirye, the managing director of Kenyan-based Mugoya Construction and Engineering Limited, a partner company to Nsimbe Holdings Limited, was also summoned.
Obel is said to have caused a financial loss of sh8b, following the deal between Mugoya Construction and NSSF.
According to the Auditor General, Mugoya Construction was awarded the contract without following the procurement rules.
Mpuuma and Obel were in July 2007 charged with abuse of office and causing financial loss to the Government. Mpuuma pleaded guilty to causing financial loss and paid sh100m to NSSF.
Proceedings against Obel are still on.
Charges of abuse of office against former gender minister Zoe Bakoko Bakoru and those of bribery against Isabirye were withdrawn in October 2009 after the Police failed to arrest them.
Jamwa is to explain his role in the procurement of the information management system, the controversial purchase of 60 vehicles at sh2.5b and $1m (about sh2b) given to Victoria Property Development Ltd.
Jamwa was on June 21 arrested at the Uganda-Kenya border and transported to Kampala. He was charged and remanded to Luzira Prison the next day.
Jamwa faces charges of corruption and abuse of office brought against him by the Inspector General of Government.
He is accused of causing a financial loss of sh2.7b to NSSF.
Jamwa is also expected to explain to the committee his role in the procurement of stock brokers, sale of government bonds before the maturity date, his role in the Temangalo land saga and payment of huge salary advances, among others.
The summons came after the Fund’s acting managing director, Grace Isabirye, told the committee that he was not competent enough to answer any queries related to the botched housing project. Isabirye said he was not part of the decision-makers then.
The committee’s investigations are based on queries raised in the Auditor General’s report on the Fund’s operations between February 2005 and November 2009.
and Madinah Tebajjukira
MPS have summoned three former National Social Security Fund (NSSF) chiefs to explain the loss of over sh8b in the botched Nsimbe Holdings Limited.
Former board chairman Onegi Obel and former managing directors David Chandi Jamwa and Leonard Mpuuma are to appear before the committee probing the mismanagement of NSSF.
James Isabirye, the managing director of Kenyan-based Mugoya Construction and Engineering Limited, a partner company to Nsimbe Holdings Limited, was also summoned.
Obel is said to have caused a financial loss of sh8b, following the deal between Mugoya Construction and NSSF.
According to the Auditor General, Mugoya Construction was awarded the contract without following the procurement rules.
Mpuuma and Obel were in July 2007 charged with abuse of office and causing financial loss to the Government. Mpuuma pleaded guilty to causing financial loss and paid sh100m to NSSF.
Proceedings against Obel are still on.
Charges of abuse of office against former gender minister Zoe Bakoko Bakoru and those of bribery against Isabirye were withdrawn in October 2009 after the Police failed to arrest them.
Jamwa is to explain his role in the procurement of the information management system, the controversial purchase of 60 vehicles at sh2.5b and $1m (about sh2b) given to Victoria Property Development Ltd.
Jamwa was on June 21 arrested at the Uganda-Kenya border and transported to Kampala. He was charged and remanded to Luzira Prison the next day.
Jamwa faces charges of corruption and abuse of office brought against him by the Inspector General of Government.
He is accused of causing a financial loss of sh2.7b to NSSF.
Jamwa is also expected to explain to the committee his role in the procurement of stock brokers, sale of government bonds before the maturity date, his role in the Temangalo land saga and payment of huge salary advances, among others.
The summons came after the Fund’s acting managing director, Grace Isabirye, told the committee that he was not competent enough to answer any queries related to the botched housing project. Isabirye said he was not part of the decision-makers then.
The committee’s investigations are based on queries raised in the Auditor General’s report on the Fund’s operations between February 2005 and November 2009.