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Showing posts with the label cronysm

cronysm and corruption in Uganda

From Monitor Online Jamwa’s letter to Museveni on Temangalo- NSSF deal Posted in: News By Oct 20, 2008 - 1:44:34 AM 29th September 2008 Your Excellency Mr President, Sir Introduction It’s painful and a regret for me to bring the real truth to your attention about the Temangalo land deal. However, as a humble Civil servant I am obliged to do so without fear of favour. The issue at hand in the transaction is that there was influence peddling and political interference. NSSF was under pressure to execute the transaction. As the MD of NSSF it’s my job to prepare investment proposals for consideration and approval by the Board of Directors (BOD), the Minister of Finance, Planning and Economic development (MOFPED) and the Solicitor General (SG). My job description that is in line with the NSSF Act does not include either approval or authorisation of investments. This power lies with the three authorities mentioned above. The NSSF MD is the implementer of the decisions of the policy maker and...