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NSSF: Chandi Jamwa appeal set to start

By Vision Reporter

Added 18th September 2014 10:55 AM

The Court of Appeal is set to hear an appeal filed by former managing director of NSSF who was convicted of causing loss of sh3b.

NSSF: Chandi Jamwa appeal set to start

The Court of Appeal is set to hear an appeal filed by former managing director of NSSF who was convicted of causing loss of sh3b.


By Edward Anyoli
 
KAMPALA - The Court of Appeal is set to hear an appeal filed by former managing director of National Social Security Fund (NSSF) who was convicted of causing loss of sh3bn.
 
David Chandi Jamwa was found guilty of causing financial loss and sentenced to 12 years imprisonment.
 
He was convicted in February 2011 and was also barred from public office for 10 years. Justice John Bosco Katutsi, however, acquitted Jamwa of the charges of abuse of office.
 
Jamwa 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.
 
Jamwa appealed against the conviction and sentence. He has been on bail for three years pending his appeal at the Court of Appeal.
 
Justices Augustine Nshimye, Geoffrey Kiryabwire and Faith Mwondha will hear the appeal. Rogers Kinobe, a senior inspectorate officer from the office of the Inspector General of Government, said he will ask the Court of Appeal to uphold the conviction and sentence on causing finance loss.
 
“The evidence of causing financial loss was overwhelming against him. I will ask court to uphold the sentence,” he said in an interview.
 
Prosecution said Jamwa arbitrarily sold off several NSSF bonds to Crane Bank before their maturity dates, which led to the loss.
 
 
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Then-NSSF managing director David Jamwa shakes hands with his then-deputy Prof. Mondo Kagonyera during a cocktail reception at the Kampala Sheraton hotel early 2006. Prof. Kagonyera is currently Makerere University's chancellor. PHOTO/Arthur Kintu
 
 
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NSSF boss Jamwa addressing a press conference about the record profit for the financial year ending June 2008 in the NSSF board room in July 2008. PHOTO/Mark Owor
 
 
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Here, Jamwa, appearing before a parliamentary committee in 2008, displays an artistic impression of the new NSSF complex to be constructed in a newly purchased new land. PHOTO/Rogers Okwany
 
 
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Here, Jamwa has a chat with his father at the Anti-Corruption Court, Kololo in December 2010. PHOTO/Ayiga Ondoga
 
 
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Former NSSF boss David Chandi Jamwa consults his lawyer David Mpanga before he was sentenced to 12 years for causing government a financial loss of sh3bn. PHOTO/Abou Kisige
 
 
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This 2011 photo shows Jamwa's relatives following court proceedings as their ahead of his sentencing for causing financial loss to the government. PHOTO/Abou Kisige
 
 
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NSSF: Chandi Jamwa appeal set to start

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