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Home News National News

Finance Minister denies misusing funds

David Kugonza by David Kugonza
February 20, 2018
in National News, News
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Finance Minister denies misusing funds
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By Benjamin Jumbe.

The minister of finance Matia Kasaija has maintained he is innocent and did not misuse any loan money.

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This comes as the Auditor general conducts an audit into the use of a 200M$ loan following concerns from legislators who called for the censure of the minister and secretary to treasury Keith Muhakanizi.

Addressing journalists at media Centre minister Kasaija said while there could have been some operational mistakes, no money was lost and he is ready to defend himself.

He further admits that he asked his cabinet colleagues to stand with him given the politics in parliament

Parliament’s Public Accounts Committee (PAC) recommended the censure of minister of Finance MatiaKasaija for misleading government in obtaining $200m Preferential Trade Area (PTA) loan ‘by false pretense’.

David Kugonza

David Kugonza

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Two to three children die every week due to malnutrition in Karamoja region

Two to three children die every week due to malnutrition in Karamoja region

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Court dismisses Bitature’s application seeking protection from prosecution over loan

May 24, 2022
Besigye arrested in downtown Kampala

Besigye arrested in downtown Kampala

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