No more sale of UTL assets.

The Parliamentary select committee investigating the mismanagement of Uganda telecom limited has placed a temporary ban on the sale of this company’s assets.

The move comes after members learning that managers were planning to sale properties amidst the ongoing investigations.

This ban has been announced by the chairperson of the committee Okin Ojara after interacting with the top management of this company led by executive director Shoe Bridge the on their role in the mismanagement of UTL.

Members resolved that no property should be sold until; all investigations are done to avoid jeopardizing the process.

Now the committee has asked the mangers to avail the inventory of all company properties

Written by David Kugonza