Kampala: The former Managing Director for National Social Security fund (NSSF) David Chandi Jamwa has today been granted Shs10 million cash bail by Supreme Court Judge Stella Arachi Amoko.
Pending the hearing of his petition in Supreme Court over lower court’s decision that convicted and sentenced him to 12 years in prison. He was freed on bail however, it was cancelled in January this year after appellant court judges led Kenneth Kakuru and Rubby Opio Aweri upheld ant-corruption court’s decision.
Subsequently Jamwa who had been bail for seven years was sent back to Luzira prison. Nevertheless, in prison, he didn’t relent, and through his layers, he petitioned High Court and lodged in his bail application that has been granted earlier in the afternoon.
The granting of his bail application follows yesterday’s argument between Jamwa’s layers of FK Mpanga and prosecution led by Rogers Kibobe. In his application, Jamwa revealed that he is suffering from obesity and hypertension and therefore, he needs special attention and a balanced diet which he is not receiving from prison.
In her ruling read by Court Registrar Godfrey Opefen, court directed Jamwa to surrender in his passport, a land title worth Shs 2.5 million. The five sureties who included his wife Catherine Jamwa were instructed to pay Shs500 million non-cash and remind Jamwa to appear before Court whenever he is required.
Jamwa was convicted of corruption and sentenced to 12 years in prison after Ant-corruption Judge John Bosco Katutsi found him guilty of selling National Social Security Fund (NSSF) bonds to the now defunct Crane Bank before their maturity date hence leading to a financial loss of Shs3.1 billion. He also banned him for 10 years from holding any public office.
Since his conviction, Jamwa has spent seven years out of prison and in case Supreme Court upholds lower court’s decision, Jamwa will spend few years in prison since time spent on bail is counted on his sentence of 12 years.