Stanbic Bank
Stanbic Bank
Stanbic Bank
Stanbic Bank
17.3 C
Kampala
Stanbic Bank
Stanbic Bank
Stanbic Bank
Stanbic Bank

Museveni pardons former NSSF boss David Jamwa

Must read

President Yoweri Museveni has pardoned the former Managing Director of the National Social Security Fund (NSSF), David Chandi Jamwa.

Jamwa was released along with 10 other people including; Ntale Vincent, Drabo Nelson, Omirambe James, Aliama Samuel, Leku Francis, Kabila Joseph, Yoha Ayitia alias Samu, Kato Fred and Owino Jackson.

Jamwa was found guilty of causing financial loss to NSSF in February 2011 and subsequently sentenced to 12 years by the Anti-Corruption Court.

Through his lawyers, Jamwa applied for bail and was later released pending the hearing of his petition in the Supreme Court over the lower court’s decision that convicted him and sentenced him to 12 years in prison.

His bail was, however, canceled d January 2018 after appellant court judges Kenneth Kakuru and Opiyo Aweri upheld the anti-corruption court’s decision.

Subsequently, Jamwa, who had been on bail for seven years, was sent back to Luzira prison. However, in prison, he didn’t relent; he petitioned the high court and lodged his bail application. The application was dismissed.

Jamwa was convicted of corruption and sentenced to 12 years in prison after anti-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, resulting in a financial loss of Shs3.1 billion. He also banned him for 10 years from holding any public office.

More articles

1 COMMENT

Latest article