Motorists using roads that ring around Parliament have endured hellish gridlocks this afternoon after President Museveni’s Special Forces Command (SFC) operatives closed off major access roads.
By 7:00am,SFC operatives had closed off the busy Parliament Avenue and adjacent roads, cathching motorists unawares and forcing them to make dangerous U-turns in the middle of roads, triggering chaotic traffic snarl-ups.
No prior notice was given to motorists on social media warning about the planned closure of the roads and matters were made worse that Museveni who was expected at Parliament by 9:00am showed up way past 3:00pm.

The closure of Parliament Avenue, a notoriously busy intersection, meant that connection to City Hall, Prison’s Headquarters, Ministry of
Education, Ministry of Justice and other hectic government
installations was cut.
To add to the traffic chaos, the National Theatre was hosting students who were being ferried in buses, causing more congestion.
Some motorists spent hours stuck in the congestion and could be seen angrily exchanging with traffic officers
Inside Parliament, MPs were involved in angry exchanges with SFC operatives as they forced them to use the lower parking.
Mr Museveni was at Parliament to launch the Uganda Parliamentary Forum on Malaria and Mass Action against Malaria (MAAM).

Stories Continues after ad

Mobile Telecommunication giants MTN has apologized to former Executive Director in charge of Supervision at Bank of Uganda Justine Bagyenda over leaked account details of her mobile money transactions.
A fortnight ago, Eagle Online exposed the account details of Ms. Bagyenda with particulars indicating that she have transacted ‘Shs500 million in three years on her mobile money account.
MTN says following recent media reports surrounding the handling of confidential customer information, MTN Uganda would like to assure the public that all confidential customer information is handled and protected with highest duty of care and integrity, in accordance with established laws, processes and procedures.
“We however, wish to clarify that the alledged incident of breach of confidentiality has been extensively investigated internally. The allegations of abuse and unlawful disclosure of confidential information relate to mobile money transaction records of Ms Justine Bagyenda. Reads the apology.

“The internal investigation found staff acted outside of established processes and procedures of handling confidential customer information. The errant staff have since been handed over to the relevant authorities and are facing criminal prosecution for their individual actions. We wish to unreservedly apologise to Ms Justine Bagyenda for the inconvenience this incident may have caused her.
Leaked documents from telecommunication giant, MTN reveal that former Executive Director in charge of Supervision, Justine Bagyenda made mobile money transaction of close to Shs500 million on her number in three years.
The documents show that Bagyenda and her son, a one Robert Muhumuza both could have transacted to Shs500 million although most of the transactions on their numbers where deposits from other number. Much of the money didn’t last as it is immediately dispatched to other accounts.

She has been supervising any cash transaction in the country given her former role as in-charge of supervision at the central bank mobile money inclusive.
Eagle Online early reported that in two years, embattled Bank of Uganda Executive Director Justine Bagyenda wired Shs683 million to an account in Centenary Rural Development Bank held in the name of Kenny Muwonge, a man believed be her errand boy, as bank documents in possession show.

Stories Continues after ad

Three firms shortlisted for the impending Bank of Uganda (BOU) investigations over the sale of Crane Bank may have to pull out the process if the investigations are to be considered credible.
The five firms shortlisted are KPMG, Pricewaterhouse Coopers (PwC), Deloitte and Touch. However, it should be noted that KPMG and Pricewaterhouse Coopers worked with defunct Crane Bank as its auditors.
Pricewaterhouse Coopers did a forensic audit upon which BOU relied on as a basis to file a case in a commercial court division, claiming one of the major shareholders Sudhir Ruparelia and Meera Investments has duped the bank of about Shs400 billion. The case is pending in court awaiting hearing.
On the other hand KPMG and Deloitte and Touch are said to have worked for defunct Crane Bank, which also, for purposes of transparency puts the two firms out of the process. They have also worked for BoU and Auditor General on several other inquiries.
Elsewhere, PwC was banned in India whereas KPMG was banned in South Africa for double dealing, which is against the code of ethics of the accounting profession.
India’s securities regulator has banned the global accountancy firm PwC from auditing listed companies in the country for two years, after it failed to spot a $1.7bn fraud at the defunct Satyam Computer Services. In a damning 108-page report, the Securities and Exchange Board of India wrote that PwC had neglected to check “glaring anomalies” in the financial details reported by Satyam, whose downfall was one of India’s worst financial scandals in recent years.
Business Leadership South Africa (BLSA) has decided to suspend KPMG’s membership pending the outcome of an independent investigation.
The BLSA board says it recognises the considerable steps announced by KPMG to change its leadership and start a process of “cultural change”. However the organisation cannot ignore the gravity of the firm’s conduct.
The auditing firm has lost several clients after the firm released the findings of its internal investigation which revealed serious failings in the work it did for Gupta-linked companies and Sars.
BLSA’s CEO Bonang Mohale says the organisation took this bold step because what KPMG has done goes against its values.
The controversial sale of Crane Bank of its competitor dfcu Bank early last year by Bank of Uganda (BOU) caused outcry within the banking industry as well as the general public, something government has followed and now BOU is to face an investigation which is expected to dig out the rot in the central bank’s regulatory operations.
The Auditor General (AG) John Muwanga has for purposes of transparency listed five audit firms from which he will pick to carry out the investigations that should pin BOU Governor Emmanuel Tumusiime-Mutebile and sacked director for supervision Justine Bagyenda. Whether it gives them advantage or disadvantage will be known when the best bidder is selected to do the job that is likely to change regulatory operations at the central bank but also bring to surface the overlooked issues as BOU sold Crane Bank to dfcu at Shs200 billion against held assets worth Shs1.3b, leave alone the loans Crane Bank was in the process of recovering.
Meanwhile, Abdu Katuntu (Bugweri Constituency), the Chairperson of Parliament’s Committee on Commissions Statutory Authorities and State Enterprises (COSASE) has welcomed the move to shortlist the firms but also expressed that any auditor must do a professional job in case they win the bid. According to MP Katuntu, parliament wants the AG to audit the management and sale of defunct commercial banks in the country. Parliament also wants an investigation into disputed agreements BOU signed with dfcu Bank and issues such as supervision, guidelines and policies.
Reports say President Yoweri Museveni is keen on knowing what exactly happened as BOU sold Crane Bank. He is also not happy with the operations at the central bank, sources say. Days ago he held a meeting with Mutebile and Irene Mulyagonja, the Inspector General of Government (IGG). It followed a dispute on staff changes at BOU.
The IGG had received complaints from the affected staff. Former owners of Crane Bank accuse BOU management of selling their bank without their approval. They argue they were kept out of negotiations, which they say contravenes provisions of the Financial Institutions Act which governs the local banking industry. Having acquired Crane Bank, dfcu has been earning profits as reported for the two halves of 2017. The first half saw dfcu make profit of Shs114 billion; this was far higher than the profit it made in second as reported late last month.

Stories Continues after ad

National organization of trade union (NOTU) with seven affiliated public service labour unions has protested government’s move to enhance workers pays without consulting workers.
Last year civil servants from various government institutions went on industrial actions demanding for among others pay raise and improvement in the their working conditions.
However, this year a leaked document from the Ministry of Finance, Planning and Economic Development indicated that among others servant, primary teachers who currently earn Shs377, 781 will start earning Shs621, 320.
According to a document released by Secretary General of NOTU Peter Christopher Werikhe inviting unions to an emergence meeting today, government is not only unlawful but unfair, to raise their salaries without negotiating with them.
‘’It is calculated at undermining workers and their trade unions as this must be resisted with all energies of various unions put together, Salaries must be negotiated for between government and trade union, therefore it is wrong for government to create an impression that it is doing workers and trade unions a favor.”
The meeting with trade unions will is expected to mark the endorsement and rubber stamp government unfair proposals and not to negotiate and sign a collective bargaining agreement between the parties before implementation as is required by law.
“Government approved and communicated to the accounting officers what it believes to be a salary enhancement and a letter of Permanent Secretary to the Treasurer and Ministry of Finance dated March 20, 2018 addressed to Accounting Officers for implementation of the same, It is no longer a secret, but abuse of the right of workers and their trade unions and cannot be accepted.” Reads part of the document.
He noted that government should accept that their alleged salary increment is mere drafts proposals for negotiations between it and trade union.
Seven affiliated public service labour unions include Uganda medical workers union (UMWU), Uganda nurse and midwives union (UNMU), Uganda national teachers union (UNATU) , National union of educational institutions (NUEI), Uganda local government workers union (ULGAWU), national union of government and allied workers (NUGAW) and Uganda government

Stories Continues after ad