• Latest
  • Trending
MUHAKANIZI EXPOSES  150BN SCANDAL AT  FINANCE MINISTRY

MUHAKANIZI EXPOSES 150BN SCANDAL AT FINANCE MINISTRY

10/03/2025
82% Under Stress: Study Reveals Hidden Mental Health Struggles Among Kampala’s Taxi Drivers

82% Under Stress: Study Reveals Hidden Mental Health Struggles Among Kampala’s Taxi Drivers

03/14/2026
Ransom Calls and a Pit Latrine Horror: Police Rescue 3-Year-Old in Wakiso as Kidnapper Confesses to Killing 4-Year-Old in Mubende

Ransom Calls and a Pit Latrine Horror: Police Rescue 3-Year-Old in Wakiso as Kidnapper Confesses to Killing 4-Year-Old in Mubende

03/14/2026
URA Denies System Chaos: Digital Tax Ledger Running Smoothly, Efficiency at an All-Time High!

URA Denies System Chaos: Digital Tax Ledger Running Smoothly, Efficiency at an All-Time High!

03/14/2026
Uganda Kills at Least 14 of its Citizens a Day!

Uganda Kills at Least 14 of its Citizens a Day!

03/14/2026
Uganda’s Youth Bulge: Is it an Opportunity or a Ticking Time Bomb?

Uganda’s Youth Bulge: Is it an Opportunity or a Ticking Time Bomb?

03/14/2026
Malaria Survey Launched Without Health Ministry Officials, But See Minister Aceng & PS Atwine’s Statements

Malaria Survey Launched Without Health Ministry Officials, But See Minister Aceng & PS Atwine’s Statements

03/14/2026
Granddaughter of Uganda’s First Black IGP Details Second Wave of Illegal Occupation on Family Land

Granddaughter of Uganda’s First Black IGP Details Second Wave of Illegal Occupation on Family Land

03/14/2026
UCC Hosts Zambia Minister as Uganda Pushes for Stronger Digital Security

UCC Hosts Zambia Minister as Uganda Pushes for Stronger Digital Security

03/14/2026
Oryema Family Praises Former IGPs and DIGs for Protecting Their Ancestral Land as Fear Grows Over DIGP Ochaya Orders in New Land Row

Oryema Family Praises Former IGPs and DIGs for Protecting Their Ancestral Land as Fear Grows Over DIGP Ochaya Orders in New Land Row

03/14/2026
From Graduate Despair to National Enterprise: Uganda’s Moment for Delivery Has Arrived

From Graduate Despair to National Enterprise: Uganda’s Moment for Delivery Has Arrived

03/14/2026
UBOS’ Malaria Indicator Survey; One in Three Children Under Five Had Fever Recently, Malaria Still Rising in Uganda

UBOS’ Malaria Indicator Survey; One in Three Children Under Five Had Fever Recently, Malaria Still Rising in Uganda

03/14/2026
DTB BANK BOSS ON THE SPOT AS CLOSE TO UGX 70M VANISHES IN 5 MINUTES – Customer Demands Refund, Accuses Executive Director of Shielding Fraudsters

DTB BANK BOSS ON THE SPOT AS CLOSE TO UGX 70M VANISHES IN 5 MINUTES – Customer Demands Refund, Accuses Executive Director of Shielding Fraudsters

03/14/2026
mulengeranews.com
  • Home
  • NEWS
    • GENERAL NEWS
    • MORNING BRIEFING
    • THE GIRAFFE
    • INVESTIGATIONS
    • INTERVIEWS
  • ECONOMY WATCH
    • BUSINESS NEWS
    • BUSINESS FEATURES
    • ENERGY
    • OIL & PETROLEUM
  • HEALTH & LIFESTYLE
  • GOSSIP
    • CORPORATE BUZZ
    • POLITICAL TRIVIA
    • CELEBRITY VIBE
    • CORPORATE EVENTS
  • UPCOUNTRY
    • UPCOUNTRY FEATURES
    • UPCOUNTRY NEWS
  • FLASHBACK
    • HISTORY-INSPIRED ARTICLES
    • POLITICAL SERIES
  • More
    • EDUCATION
    • MATTERS OF FAITH
    • CHRISTIAN FAITH
    • MUSLIM FAITH
    • P’PLE PROFILES
    • WEDDINGS & MARRIAGES
    • CONTACT US
No Result
View All Result
  • Home
  • NEWS
    • GENERAL NEWS
    • MORNING BRIEFING
    • THE GIRAFFE
    • INVESTIGATIONS
    • INTERVIEWS
  • ECONOMY WATCH
    • BUSINESS NEWS
    • BUSINESS FEATURES
    • ENERGY
    • OIL & PETROLEUM
  • HEALTH & LIFESTYLE
  • GOSSIP
    • CORPORATE BUZZ
    • POLITICAL TRIVIA
    • CELEBRITY VIBE
    • CORPORATE EVENTS
  • UPCOUNTRY
    • UPCOUNTRY FEATURES
    • UPCOUNTRY NEWS
  • FLASHBACK
    • HISTORY-INSPIRED ARTICLES
    • POLITICAL SERIES
  • More
    • EDUCATION
    • MATTERS OF FAITH
    • CHRISTIAN FAITH
    • MUSLIM FAITH
    • P’PLE PROFILES
    • WEDDINGS & MARRIAGES
    • CONTACT US
No Result
View All Result
mulengeranews.com
No Result
View All Result
Home NEWS

MUHAKANIZI EXPOSES 150BN SCANDAL AT FINANCE MINISTRY

by Mulengera
7 years ago
in NEWS
0 0
MUHAKANIZI EXPOSES  150BN SCANDAL AT  FINANCE MINISTRY

Anite cautions Muhakanizi and his boss Matia Kasaija of the consequences awaiting them should they not desist from foiling the President's directive

Share on FacebookShare on Twitter

By Simon Turibamwe

The PSST Keith Muhakanizi has become a whistle blower and raised a red flag highlighting grand corruption in his own Ministry of Finance. In an internal memo dated 11th February 2019, Muhakanizi reveals that there are problems and a lot of fraud in the way the list of 10 large companies to share the Shs150bn was drawn up. Muhakanizi accuses his deputy Patrick Ochailap and minister Matia Kasaija of trying to use his absence to hurriedly pay out the Shs150bn to the 10 companies without adequate verification. These are companies that are part of the original list of 33 firms that parliament agreed upon as qualifying for compensation because of the losses occasioned by the war in South Sudan. Acting against the background of claims that 6 of the 10 companies are sham and the remaining 4 are questionable because they belong to one person, Muhakanizi demands that the payments that had started in his absence as Ochailap acted should be halted until audit firm Ernest & Young carries out a verification Audit on the authenticity of the 10 firms that Kasaija and David Bahati want to share the first payment of 150bn. It’s also true that Muhakanizi’s adversaries at the Finance Ministry are fronting Francis Kamulegeya’s Price Water Coopers to be the one to audit the 10 companies as opposed to Muhakanizi-backed E&Y. In his memo (addressed to Kasaija, Bahati, Ochailap and Accountant General), Muhakanizi assures the minister that he will not allow himself to be stampeded into signing things that will cause him problems in future and this Shs150bn cash bonanza is one such classic example. What makes matters even worse is the fact that city tycoon Apollo Nyegamehe (aka Aponye), who the two ministers claim to have paid Shs40bn to, has since denied getting even a coin. Referring the matter back to Bahati, Aponye says he is these days very broke to the extent that he lives in the village most of the time. According to Nwoya County MP Simon Oyet, who has been outspoken on this matter, the two ministers must answer as to why they defied Parliament by shortening the list from 33 companies to just 10 which KACITA chairman Everest Kayondo says might even be proxies of big people in government. According to New Vision, the 10 companies likely to bring problems for Bahati and Kasaija include Rubya Investments Ltd, Kibungo Enterprises, Aponye Uganda Ltd, Afro Kai Ltd, Apo General Enterprises, Ropani International, KK Transporters, Swift Commodities Establishment, Sophie Omari and Sunrise Commodities. The state-owned media blames the two ministers for sidelining many other companies including Roko Construction, MFK Corporation Ltd and the mighty Dott services among others. For comments, call or text us on 0752510225.

Post Views: 1,969

Related Posts

82% Under Stress: Study Reveals Hidden Mental Health Struggles Among Kampala’s Taxi Drivers
NEWS

82% Under Stress: Study Reveals Hidden Mental Health Struggles Among Kampala’s Taxi Drivers

11 hours ago
Ransom Calls and a Pit Latrine Horror: Police Rescue 3-Year-Old in Wakiso as Kidnapper Confesses to Killing 4-Year-Old in Mubende
NEWS

Ransom Calls and a Pit Latrine Horror: Police Rescue 3-Year-Old in Wakiso as Kidnapper Confesses to Killing 4-Year-Old in Mubende

13 hours ago
URA Denies System Chaos: Digital Tax Ledger Running Smoothly, Efficiency at an All-Time High!
NEWS

URA Denies System Chaos: Digital Tax Ledger Running Smoothly, Efficiency at an All-Time High!

13 hours ago
Uganda Kills at Least 14 of its Citizens a Day!
NEWS

Uganda Kills at Least 14 of its Citizens a Day!

13 hours ago
Uganda’s Youth Bulge: Is it an Opportunity or a Ticking Time Bomb?
NEWS

Uganda’s Youth Bulge: Is it an Opportunity or a Ticking Time Bomb?

14 hours ago
Malaria Survey Launched Without Health Ministry Officials, But See Minister Aceng & PS Atwine’s Statements
NEWS

Malaria Survey Launched Without Health Ministry Officials, But See Minister Aceng & PS Atwine’s Statements

17 hours ago

  • #13266 (no title)
  • Contact
  • Home
  • Homes

Copyright © 2025 All Rights Reserved by Mulengera News.

No Result
View All Result
  • #13266 (no title)
  • Contact
  • Home
  • Homes

Copyright © 2025 All Rights Reserved by Mulengera News.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?