According to the report, 17 loan request proposals authorizing government to borrow were approved. These were tabled by government through the Ministry of Finance, Planning and Economic Development and considered by the House National Economy Committee.
The property contained on Plot 71 Nkrumah Road was leased in 2010 by then Kampala City Council to Securex Amenities (U) Limited whose directors were listed as Businessman Ephraim Ntaganda, Bob Kanaabi and Innocent Mutajabura for five years. The temporarily leased property then somehow became freehold ownership
During the committee sitting on August 23rd, 2019, the Ministry of Health Permanent Secretary, Dr. Diana Atwiine informed PAC that the Ministry made a request to NMS to procure health worker’s uniforms and medical stationery. NMS contracted Nytil Company Limited to supply the uniforms.
According to a review undertaken by Muwanga on the performance and implementation of the approved budget, it was observed that during the financial year, the Minister of Finance Matia Kasaija approved a supplementary budget of Shillings 1.772 trillion but upon tabling the expenditure before parliament, only 615.7 billion was approved leaving 1.156 trillion unapproved.
Lawrence Bategeka, the National Economy Committee Vice Chairperson told URN that all approved loans requests were important and majorly meant to finance the National Budget especially due to inadequate revenue collection.
Dickens Turyahabwe, of Dickson Associate certified Accountants, who carried out the Audit said that the missing of the financial records had caused a difference in the accounts worth Shs, 867m that was treated as an expense causing a 79% decline in profit after Tax.
According to the law, Accounting Officers are required to transfer all collected revenue to the Consolidated Fund and only spend at source after securing permission from the Secretary to the Treasury.
The National Audit Act, 2008, provides for the auditing of the accounts of the Office of the Auditor-General by an auditor appointed by Parliament. Only firms that have not worked with OAG for the past three years are eligible to bid for the position of the independent auditor.
