Speaker of Uganda’s parliament Rebecca Kadaga shocked the country when she gave a green-light to another inquiry into the closure of Cooperative Bank, one of the defunct banks now found to have been shutdown illegally.
Ms Kadaga allowed the Committee on Commissions, Statutory Authorities and State Enterprises (COSASE) to query Bank of Uganda officials over the closure of Cooperative bank.
This was surprising given the fact that the same speaker had in June halted an engineered probe to allow some Bank of Uganda official to resubmit new statements.
Ina July 26 letter, The speaker wrote Cosase chairman Mubarak Munyagwa asking him to look into claims that BoU mismanaged the liquidation process of Cooperative Bank leading to loss of money and assets for account holders.
A businessman called Chris Tushabe Karobwa feels he was not satisfactorily listened to by the former committee led by Abdu Katuntu.
“Please receive an appeal letter of MrKarobwa who alleges that BoU mismanaged the issues of Cooperative Bank in receivership.”
Mr Sam Obbo, the press secretary of the Speaker’s office said the probe Ms Kadaga wants Munyagwa’s committee to look into was about a man who seeks redress from Parliament. She believes he should be given a fair hearing. Mr Obbo said Cosase cannot go beyond the scope of the matter the Speaker had instructed them.
Cosase will soon schedule a meeting to give Mr Tushabe a chance to hear his submissions. And get responses from responsible BoU officials.
Tushabe has been following the Speaker from one place to another, seeking her intervention in a matter he believes he didn’t get justice.
He is seeking fairness; his claims to be listened to and investigated before a final verdict is reached.
To clear the air that the process will not be hijacked by mafia implicated in the previous reports, MrObbo told Daily Monitor that Munyagwais not to reopen a probe into BoU and shall not be allowed to pen another report, after Katuntu had already done so.
This is because two reports about the same issue in a given session cannot be accepted.
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