Sunday, April 01, 2007

Recent major swindles and embezzlement under Museveni’s regime

1) Energy and Power Sector. Importing sub-standard solar electric generating equipment from China, Thailand and Malaysia which will work for a short period and then break down. There is no evidence where it has worked and word has it that the Chinese have failed to market them anywhere else.

2) Kinyara Sugar works sale. Where the deal is jointly with Madhivani to undervalue the project and they pocket the difference.

3) Hotel industry. Specifically related to the up coming Commonwealth meeting whereby huge amounts of money will exchange hands between the "investors", government officials and political leaders who approve the deals. Reports in Kampala say that property mogul Sudhir Ruparelia demanded and got an upfront payment for all rooms in all his hotels ahead of CHOGM and even if the summit is cancelled or poorly attended, he will gain everything.

4) Works and Transport Ministry. Where ONE ship has been ordered and the cost was inflated to the cost of THREE ships from Russia by the government. The prices and costs have been grossly undervalued so that these hungry and greedy guys want to eat the money for TWO ships. That deal involves Minister John Nasasira and some officials in State House.

5) Ministry of Education scandal. Whereby a cool Uganda shillings 2.5 billion (or 1.3 million U.S. dollars) and 1.2 billion (or 700,000 U.S. dollars) has been diverted and word goes around that the money was used for the Museveni 2006 election campaigns. The 1.4bn was for building schools in the disadvantaged north and AIDS kits. The ministry officials contract most of the publishing to themselves and big wigs in government. Word is that the owners of Mukono Bookshop gave the Permanent Secretary F.X.K Lubanga a hotel as a handshake and thank you.

6) NSSF Alcon scandal. Whereby a cool $28 million dollars was going to be scooped to pay the owners of Alcon as an out-of-court settlement when in fact Alcon is worth $500000 only. Word is that they distorted information to make it appear as Workers House in Kampala was under threat of being sold off and when the information leaked the President temporarily stopped the deal to get rid of those obstructing the deal like the former minister Bakoko Bakoru.

Word is that she is being politically persecuted to justify the eventual theft and robbery of workers’ National Social Security money by discrediting her and the others who worked to provide able leadership which has seen that fund grow into the one and the ONLY biggest financial giant institution in Uganda.

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