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Liverpool land Real Madrid, PSG to face Bayern in Champions League quarterfinals

UCL-trophy

Liverpool have been drawn to face Real Madrid in the quarter-finals of the Champions League. The last time the two face was in the 2018 final in Kiev when Madrid won 3-1.

Defending champions Bayern Munich take on Paris St-Germain in a repeat of last year’s final.

Manchester City will play Borussia Dortmund, while Chelsea will face Porto.

The Champions League final will take place on Saturday, May 29 at the Ataturk Olympic Stadium in Istanbul, Turkey, which was set to host the 2020 showpiece before Covid postponed the tournament. In August it was eventually completed from the quarter-final stage onwards in Lisbon.

The stadium was the stage of Liverpool’s ‘Miracle of Istanbul’ comeback victory over AC Milan in the 2005 Champions League final.

Champions League quarter-finals

First legs: April 6/7 – Second legs: April 13/14

Manchester City vs Borussia Dortmund

Porto vs Chelsea

Bayern Munich vs Paris Saint-Germain

Real Madrid vs Liverpool

Semi-finals

First legs: 27/28 April – Second legs: 4/5 May

Bayern Munich OR Paris Saint-Germain vs Manchester City OR Borussia Dortmund

Real Madrid OR Liverpool vs Porto OR Chelsea

Final

Saturday 29 May (Atatürk Olympic Stadium, Istanbul)

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Stanbic Bank pays Shs110 billion to shareholders amidst #Covid-19 pandemic

Stanbic Bank

Stanbic Bank Uganda has paid out a total of Shs 110 billion to its shareholders for financial year 2019, continuing a long track record of returning consistently positive earnings despite prevailing challenges.

At the peak of the Covid-19 pandemic last year, Bank of Uganda (BoU) directed supervised financial institutions to defer all discretionary payments, including dividends, until they can demonstrate a solid financial base.

After confirmation by BoU that the bank was adequately capitalized, it gave the bank a go ahead to pay dividend for the 2019.  On December 29th, 2020 the Board of Directors Stanbic Uganda Holdings Limited, the parent company of Stanbic Bank Uganda Limited approved a final dividend payout of Shs 2.15 per share.

Speaking at Kampala Serena Hotel, Anne Juuko, the Chief Executive of Stanbic Bank Uganda said that despite a very challenging season, the bank was able to wade through and ensure it keeps its promise to pay its shareholders of ensuring they consistently receive a return on their investment.

She said, “In 2018, our shareholders received Shs 97.5 billion in dividends. Despite the slowdown in business activities, raising trade deficits and increased Non-Performing Loans, we have decided to increase the dividends pay-out by 13% to give back the trust placed in us by our shareholders.”

“Bank of Uganda projections show the economy will grow by three to 3.5 percent in 2021 and 6% to 10% by 2023. This will be as a direct result of the rollout of Covid-19 vaccines; implementation of the African Continental Free Trade Agreement (AfCTFA); an expected rebound in tourism; improvement in global investment and the continued recovery in exports due to a revived strength in foreign demand,” Juuko said.

However, on a cautionary note, commodity and tourism dependent economies remain vulnerable over the next 12 to 18 months. Uganda also has the highest number of active cases of Covid-19 in the region and an outbreak of a second wave cannot be ruled out.

The BoU’s Central Bank Rate has remained fixed at 7% for the ninth month in a row into February 2021 and this trend is projected to continue in 2021. Consequently, commercial bank lending rates have also fallen from 13.8% in January 2021 to 12.3% in February with Stanbic dropping its average prime lending rate from 18% to 16.6% (1.4%) thus saving customers borrowing in local currency at least Ugx 26bn in interest payments off a local currency book of Ugx 1.9 trillion as at end of December of 2019.”

Inflation peaked at 4.7% in July 2020, but came down to close the year at 3.6%. It is expected to remain within the Central Bank’s medium target of 5% throughout the year while the Uganda shilling is expected to average 3,750-70 for ’21 from current levels of 3,660/70

Samuel Mwogeza, Chief Financial Officer at Stanbic said, “Uganda’s private sector credit is expected to grow rapidly. The Stanbic Purchase Manager Index (PMI) had dropped to record lows in April 2020, but regained momentum in the second half of the year. It crossed back to the 50 area in February 2021 as employment increased for the first time in three months, after the elections and a wider reopening of schools. There is renewed optimism and a pickup of business activities. This ended a two-month sequence of job cuts and a subsequent increase in staffing and employment levels.”

He said the sectors of agriculture, manufacturing, utilities and transport registered growth signaling commercial banks’ appetite to provide financial support. However, the trade sector was hit by disruptions in access to both working capital and bottlenecks in imports and export processes. Small and medium enterprises (SMEs) were the most impacted by the pandemic causing a decline in business activities and an increased need for credit restructuring.

BoU encouraged commercial banks to restructure credit facilities for their clients and waive limitations on loans to minimize the likelihood of previously sound businesses going into insolvency.  Uganda’s financial regulator also decided to moderate credit relief measures to allow banks adjust the criteria of Non-Performing Loans.

Mwogeza said the government’s interventions in such target sectors like tourism and education are likely to harness economic growth and provide substantial resources to support SMEs. The government has already stepped support in the form of funds, training and other capacity building in enterprise development for SMEs so that they are able to withstand the present shocks.

Uganda financial markets remain one of the favorite destinations for portfolio investors. With an improvement in tax administration, it will attract significantly more inflows. This would eventually lead to lower borrowing costs for the government.

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Kadaga runs to UCC, calls for investigation of online paper after pocketing Shs2.8bn

Speaker Kadaga

The speaker of parliament Rebecca Kadaga has petitioned the Uganda Communications Commission (UCC) calling for investigation into an online newspaper, Capital Times after it published an article alleging she received over Shs2.8 billion in travel allowances in less than two years.

The online paper revealed that Kadaga and her close confidant who is also Kasilo County MP Elijah Okupa spent 986 days on travel and pocketed Shs2.8bn as per diem.

In a letter to the Capital Times, the Executive Director of UCC Irene Kaggwa Sewankambo said that the Capital Times made a false, biased, and defamatory statement against the speaker and were never afforded an opportunity to share their perspective on the subject matter.

“The complainants allege that you made a false, biased, and defamatory statement against them whereas you never accorded them an opportunity to share their perspective on the subject matter,” partially reads UCC’s letter.” the letter reads in part.

She directed the editor of the newspaper to respond to Speaker’s complaints in writing to aid in the investigation processes.

The newspaper reported that its editor Capital Hannington Mbabazi has since revealed that he is having evidence over the said article.

“I have evidence over this story. The problem for Kadaga is a lot of documents have since been stolen from her office. That’s why she has since sacked all her handlers. Now they want to squeeze my balls to tell them my source of the story….” Capital times reported.

UCC letter to Capital Times on Speaker complaint

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Sand Cranes qualify for 2021 AFCON Beach Soccer tournament

Sand Cranes players in training

The Uganda national Beach Soccer Team-Sand Cranes has qualified for the 2021 Africa Cup of Nations Beach Soccer tournament to be hosted by Senegal this year.

Uganda’s opponents Ghana were due to play the Sand Cranes over two legs starting with the first fixture at the FUFA Technical Centre, Njeru on 27th March 2021 but the West African giants withdrew from the tournament.

In a communication sent to FUFA by CAF partly reads; “Kindly note that Ghana FA has officially withdrawn from the Beach Soccer AFCON. Accordingly, the above mentioned two qualifying matches have been cancelled and Uganda is automatically qualified to the Final Tournament of Beach Soccer AFCON.”

The FUFA Communications Director Ahmed Hussein Confirmed the latest developments.

“We have received communication form CAF in regard to the Beach Soccer Finals. FUFA National Teams Department will provide further guidance on the team camped in Njeru. However we also need to know that there is little time left as the tournament in in May this year. We were supposed to host the tournament in 2020 but passed on the opportunity back to CAF to find a replacement. Now we have the right to play at the finals,” Ahmed said.

Uganda that started playing beach soccer in 2009, and will make its maiden show at the continental tournament.

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Samia Suluhu Hassan swears-in as Tanzania’s president

Samia Suluhu Hassan swears-in as Tanzania's president

Samia Suluhu Hassan has today been sworn-in as Tanzania’s President following the sudden death of John Pombe Magufuli.

Hassan, 61, who has been Tanzania’s vice president becomes the first female head of state in the East African country.

“I, Samia Suluhu Hassan, promise to be honest and obey and protect the constitution of Tanzania,” said Hassan in a brief ceremony as she took the oath of office in Dar es Salaam.

According to Tanzania’s constitution, the vice president serves out the remainder of the term of a president who dies in office. Therefore Samia Hassan will serve the remainder of Magufuli’s second five-year term, which goes until 2025.

Magufuli died on Wednesday, March 17th of a heart attack at Mzena Hospital in Dar es Salaam which he had been treating for the last ten years. Samia confirmed in a televised statement.

Magufuli, who was first elected in 2015, secured a second five-year term in polls in October last year.

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Musumba challenges Kadaga’s Kamuli victory in Court

Rebecca Kadaga and Salaamu Musumba

Forum for Democratic Change-FDC’s Proscovia Salaamu Musumba has petitioned Jinja High Court challenging the victory of NRM’s Rebecca Kadaga as Kamuli District Woman Member of Parliament in the 2021 elections.

Through her lawyers led by Galisonga & Co. Advocates and Isabirye & Co. Advocates, Musumba is suing both the Electoral Commission for failing to conduct a free and fair election and Kadaga accusing her of voter bribery and rigging.

Kadaga was declared the winner of the Kamuli District Woman MP seat with 92,388 votes while Musumba got 26,851 votes.

Musumba now wants Court to nullify Kadaga’s victory and order for fresh elections be organized, conducted and held again in Kamuli.

“Your humble petitioner contends that in the conduct of the aforementioned elections, the 2nd respondent grossly failed in its constitutional duty of organizing a free and fair election, in that the agents refused to properly use biometric voter identification machines at most of polling stations,” part of the petition reads.

Musumba says that Kadaga’s polling agents presided over malpractices at polling stations like ballot stuffing, falsifying declaration of results forms, forcing her agents of the petitioner to sign declaration of results forms among others.

She adds that there was inflating the votes purportedly scored by the Kadaga and that EC agents refused to properly use biometric voter identification machines at most of the polling stations.

Musumba states that during the campaign period, with the intent of influencing voters to vote for her, Kadaga personally and through her agents with her knowledge, bribed voters with money, gifts like tents- written on ‘Donated by Kadaga’, motor vehicles, motorcycles and money and many other items.

She accuses Kadaga of organizing violent groups to deface her campaign posters in Kamuli and using abusive language against her during campaigns.

“Organized violent groups to meet violence and/or threaten violence against the petitioner and her supporters and defaced campaign posters in Nabwigulu sub-county, Kmauli municipality, Kitayunywa sub-county, Magogo sub-county, Balawali sub-county and several other places in Kamuli district.”

“The 1st respondent used abusive language, character assassinating statements against the petitioner at campaign rallies calling her all sorts of names like and describing her as a thief who stole from Kamuli district when she was a district chairperson. That the petitioner is a liar and was sponsored by political detractors.”

She accused the electoral body of selectively recruiting polling officials hostile to her and intentionally doing so to assault the tenets of level-ground competition and fair play thus compromising the electoral process.

Salaamu Musumba wants Court to nullify Kadaga’s victory so that she vacates her seat, and to order for fresh elections for Woman Representative Kamuli District be held again.

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MPs want BoU Governor and Deputy Governor’s powers split

Dr. Michael Atingi-Ego BoU Deputy Governor and Prof. Emmanuel Tumusiime Mutebile, Governor BoU

Members of Parliament’s Committee on Legal and Parliamentary Affairs and officials from Bank of Uganda (BoU) disagreed on whether the roles of the governor should include being the chairperson board of directors of the central bank.

The MPs have insisted the Governor and Deputy Governor of Bank of Uganda cannot also occupy the offices of Chairman and Deputy Chairman of the central bank’s board.

Despite contrary views from the Central Bank itself, the MPs have stuck to their guns, saying that maintaining the statusquo, would make the governor and deputy governor accountable to only themselves, which is a flaw in corporate governance.

The MPs, who include, Hon. Abdu Katuntu, who chaired the 2018/19 probe into the Central Bank by the Parliament’s Committee on Commissions, Statutory Authorities and State Enterprises (COSASE) said that it is important that in light of previous governance issues at the Central Bank, it was important that the affairs of the Central Bank, be brought under control.

The MPs were responding to a submission by the Deputy Governor, Mr Michael Atingi-ego who submitted that separating the Chief Executive and Board Chairman roles would be tantamount to “diverting the governor from his/her core mandate of delivering price and financial sector stability.”

“We need to maintain the status quo to support the stability in business continuity and to ensure adequate representation of executive management on the board,” Atingi-ego said, adding: “We need somebody who is involved at the management level to be able to present their (management) position to the board.”

The Committee is hearing views from stakeholders, in regard to The Constitution (Amendment) Bill, 2020, tabled by Igara County East, MP, Hon. Mawanda Michael Maranga. The Bill seeks to amend certain parts of Article 161 of the Constitution. Hon Mawanda wants the role of the Governor and his deputy separated from that of BoU Chairman and Deputy Chairman respectively.

Under the proposed changes, although the president shall still appoint the Governor, his Deputy and other board members, with the approval of Parliament; the Board Chair and his deputy shall be selected from other board members, other than the Governor and Deputy Governor.

“Who supervises the governor and the deputy governor in the execution of their duties? None. We don’t have any institution that supervises the governor and the deputy governor, in this country. None,” Hon Katuntu submitted.

Giving an example of Kenya, where the two roles have been separated, an austere Hon. Isala Eragu Veronica Bichetero, the MP for Kaberamaido County asked the Deputy Governor, “What do you take your board for?”

The MPs also rejected a proposal by the Central Bank that the approval of their budgets should be left to the board instead of Parliament.

An exasperated Hon Asuman Basalarirwa, wondered why the same Parliament that approves money to the Bank of Uganda, cannot approve the Budget of the Bank. “Is it because you don’t trust parliament?” he retorted.

Katuntu insisted that it was important that the Central Bank be brought under the control of Parliament, which is the overall watchdog of government business.

“Public money is accounted for to parliament. But how do you account to us, when we don’t even know what were your priorities?” he asked the Central Bank delegation.

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Bob Kasango’s burial: Widow drags her mother-in-law to Court

Bob Kasango

The widow of deceased city lawyer Bob Kasango, Nice Bitarabeho Kasango has dragged her mother-in-law, Rosie Kabise for interfering with the burial arrangements of her husband.

Through her lawyers, Bitarabeho wants court to issue orders restraining Kabise from interfering with the burial of Kasango in Gweri village, Burahya County, Fort Portal city in Kabarole district.

Bitarabeho explains that together with their three children, Samora Kasango, Stephanie Kasango and Ivan Kasango, they all along knew that the deceased wanted and willed to be buried in Fort Portal.

Kasango died on 27 February in Murchison Bay Hospital inside Luzira Prison but burial arrangements were indefinitely postponed to allow his family and in-laws to reach an amicable agreement on where his remains should be laid to rest. The cause of death was reported to be heart failure.

On March 2, during the funeral service at the All saints Namirembe Cathedral, a group of Kasango’s relatives from Tororo District in Eastern Uganda stormed the church and grabbed the casket containing his remains from the A-Plus pallbearers.

Relatives from the side of Kasango’s wife Nice Bitarabeho Kasango and eldest son Samora Paul Kasango tried to insist but they were overpowered by the team from Kasango’s family. Police intervened, pursued the pickup, intercepted it, removed the body and handed it back to his wife’s family.

Kasango was jailed in 2018. He was serving 16 years sentence in jail over Shs15 billion pension funds by the Anti-Corruption Court. He was also involved in another high-profile case involving the Tooro Queen Mother Best Kemigisa at some point.

Kasango was sentenced alongside the former top Ministry of Public Service officials who include the former Permanent Secretary, Jimmy Lwamafa, Principal Accountant and the former Commissioner for the Compensation Department in the same ministry.

While in prison Kasango became a lecturer teaching law at prison, helped inmates to get international degrees from University of London. He continued to help inmates to convene and pray fellowship, get closer to God as he invited prison officials to communion with him and other inmates.

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Global Recycling Day calls on us to work together for a world without waste

Jacques Vermeulen CEO Coca-Cola Africa

By Jacques Vermeulen

Along with its devastating human and economic costs, the COVID-19 pandemic has put renewed focus on sustainability. The experience of mass human vulnerability to the accidents of nature has reminded us of the need to live in harmony with the natural environment if we are to survive as a species.

As James Quincey, Coca-Cola CEO and Chairman recently put it: “COVID-19 has highlighted the urgent need for collaborative, cross-sector solutions to climate change, plastic waste and other critical environmental and social issues. The crisis has shone a light on the interconnected nature of our world and the lessons we learn must be applied to help us emerge stronger and get to a more sustainable and inclusive economic future.”

The question, against the backdrop of the severe economic damage caused by the pandemic, is how social partners can work better together to build this future.

Global Recycling Day on March 18 gives us the chance to think anew about how to advance the prosperity of Africa by growing our economies inclusively, while reducing the impact of packaging waste on the environment.

A big part of the answer is to build a circular green economy that enables recycling and draws in the public and private sectors, communities and other stakeholders in a collaborative effort. In Uganda, we have entered partnerships with companies such as KCCA, Stanbic Bank, Nice House of Plastics and Tooro Kingdom to conserve the environment and promote proper waste management.  The Coca-Cola Foundation also extended USD30,000 to support plastic waste collectors across the country affected by COVID-19 to provide basic relief items and equip them with tools to work better. We can’t achieve our recycling goal without their support.

For our part, Coca-Cola Beverages Africa (CCBA) has made our ambitious recycling targets a top business priority, alongside key performance metrics for growth and profitability.

In other words, we measure our business success not only according to growth and profits, but also by doing business the right way – following our values and working toward solutions that benefit not only us all but also future generations.   Profitability is important, but not at any cost. We don’t believe there’s another way of doing business the right way.

Our commitment is to invest in our planet and our packaging, to help make the world’s packaging problem a thing of the past.

The Coca-Cola Company and its bottling partners are leading the industry with a bold, ambitious goal: to help collect and recycle a bottle or can for everyone we sell by 2030. We want to support local governments’ waste management objectives by making recycling more accessible and to achieve 100% collection and recycling by 2030.

We also have a fully-fledged recycling plant located at Nakawa whose main purpose is not only to recycle plastic but also an equal system that makes people take away plastic from the environment. This year, we invest USD 61,000 in equipment and plan to inject another USD 70,000 in a new line to increase our recycling volume to match with our 100% recycling goal. We are also extending our recycling commitment by aiming to collect 5,000T (500 million plastic bottles), which is a big improvement on the 857T (71 Million Plastic bottles) we collected in 2020.

In addition, as a system our goals include to make all our consumer packaging 100% recyclable globally by 2025 and use at least 50% recycled material in our packaging by 2030. This is part of our larger strategy to grow with conscience as we become a total beverage company.

In the 14 markets where CCBA operates, we are on track to meet these targets well ahead of schedule.

Holistic solutions to challenges like packaging waste require partnerships, and it is important that we work together to ensure transformation, inclusion and sustainability of the circular economy across the continent.

For their part, governments can contribute by creating an enabling regulatory environment to help stimulate sustainable practices.

Regulators also play a crucial role in facilitating public-private partnerships, setting packaging standards and driving policies that encourage the circular economy to thrive for greater economic inclusion of people.

What we need is for communities, countries, governments and regulators to accelerate the shift towards circular, or closed-loop business models. However, for it to be implemented successfully requires high levels of collaboration.

We believe that the concept of Extended Producer Responsibility (EPR) is the most efficient means to support the circular economy. Paying EPR fees and striving to increasingly use recycled plastic, even if it costs more than virgin plastic, ultimately enables the circular economy.

PETCO is a great example – this model was initiated in South Africa in 2004 as an industry-led initiative for collection and recycling of PET bottles. It has since been established in Kenya and Ethiopia, with Tanzania launching soon and other markets in planning.

We know that for developing economies these costs can be a real challenge as it potentially adds cost at the level of the consumer. However, closed-loop business models are more efficient at retaining value than recycling that results in non-circular products. This is why we support the use of recycled plastic within the Coca-Cola system so that we can create new bottles from recycled bottles.

A more sustainable, more inclusive Africa, free of waste, is possible if we work together in collaboration for the common good of our continent.

*Jacques Vermeulen is CEO of Coca-Cola Beverages Africa

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Chief Justice on the spot for confiscating fellow Judge’s file in Bobi Wine’s case

Chief Justice Owiny-Dollo

There was panic at the Supreme Court after the Chief justice Alfonse Owiny-Dollo confiscated files containing the rulings in the presidential election petition filed by former presidential candidate Kyagulanyi Ssentamu Robert aka Bobi Wine.

Earlier today, Supreme Court judge Esther Kisakye accused the chief justice of confiscating a file containing her minority ruling in the Kyagulanyi election petition.

She said; “the file containing her minority ruling in the matter was confiscated on orders of the Chief Justice. I am going to look for my file. It was supposed to be read as we delivered the ruling.” She said

She added “I felt it my constitutional duty to disobey the unlawful orders of the Chief Justice and to fulfil my duties as a member of this quorum,” Justice Esther Kisakye says. She adds that CJ Owiny-Dollo wanted her minority ruling to be read at a later date.

Today the Supreme Court confirmed the Election of President Yoweri Kaguta Museveni after allowing the withdrawal of National Unity Platform’s (NUP) President Robert Kyagulanyi Ssentamu’s Election Petition. They allowed the withdrawal of the matter and ordered no cost for both parties.

Justices Rubby Opio Aweri, Paul Mugamba and Ezekiel Muhanguzi read the Court rulings.

In tandem, the Bobi Wine asked Justice Owiny Dollo, Mike Chibita to back off from hearing the matter because of a clear conflict of interest.

The chief justice has been on the spot for among others hosting the president and asking him to implement a number of things yet he is presiding over a petition in which Bobi wine was challenging Mr. Museveni’s victory in the January elections.

Bobi wine said Chief Justice represented Museveni as his lawyer in the presidential petition filed by Dr. Besigye in 2001 and the former DPP Chibita is Museveni’s former private secretary for seven years. However Dollo declined to recuse himself from the bench.

On Thursday 14th January, 2021, the Electoral Commission conducted presidential elections where Ugandans exercised their constitutional rights of choosing a president who will lead them through a five year term. Uganda has a total 18,103,603 registered voters and 34,684 polling stations however only 10,350,819 people turned up to vote.

The presidential election which comprised 11 candidates was won by President Yoweri Museveni Tibuhaburwa Kaguta who got 6,042,898 (58.38%). His closest opponent Kyagulanyi Robert Sentamu got 3,631,437 votes (35.08%).

On 1st February 2021, Bobi Wine petitioned the Supreme Court challenging President Yoweri Museveni’s victory in the just concluded January general elections saying that the election was not free and fair.

He contended that throughout the campaign period the People of Uganda generally, and more particularly his supporters endured untold suffering, torture, degrading and inhuman treatment on the orders of Gen Museveni. He cited the dark days of 18th and 19th November 2020 which saw over 50 innocent, unarmed citizens murdered in cold blood by the police and military.

Last month the Supreme Court declined to receive over 200 pieces of evidence from his lawyers who were led by Anthony Wameli. The court registrar Harriet Ssali Lukwago said the Supreme Court could not receive the affidavits because they were filed beyond stipulated time as agreed during the pre-hearing session held last month.

“Among the rejected evidence included the affidavits of the NUP secretary general Lewis Lubongoya, videos of pre-ticket ballots, and evidence of various polling stations where the incumbent got 100 percent. At Lwaweba polling station where they claim that Museveni got 100 percent seven of my relatives who votes from that station didn’t vote, two pregnant women were in the labour ward and two were arrested,” Bobi recounted.

In February Supreme Court chaired by the chief Justice Alfonso Owiny-Dollo dismissed the MPs petition where he sought to adduce more grounds to support his 26 claims of election fraud, for which he wants president-elect Yoweri Kaguta Museveni annulled.

In the fresh grounds, Bobi contended that Mr Museveni was not qualified as Candidate and could not lawfully Contest in the Presidential Elections being a person in command of military and police contrary to Presidential Elections amendment Act and the Constitutional Amendment

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