Breaking

Police Make 1.3 Billion Part Payment For SACCO Canteen Food Debt

Senior police officers at SACCO officers have intimated to Uganda Radio Network –URN that the new undersecretary, Aggrey Wunyi, has cleared part of the debt. This, according to source, has been achieved after Omoding hired Allied CPA that has helped to reconstruct documents regarding the food debt.
Senior police officers during the Sacco AGM


The leadership of police force through the undersecretary, Aggrey Wunyi, has finally paid over 1.3billion shillings as part of the money owed to police officers’ SACCO canteen.

Police officers’ Savings and Credit Cooperation commonly known as Exodus SACCO has been demanding more than 3 billion shillings accrued through food served to directors, commissioners and other police personnel serving in various directorates.

It was reported that during the reign of former manager, Dickens Kamugisha, some senior and junior police officers often enjoyed breakfast and lunch on credit something that left the canteen struggling to survive.

The then undersecretary, Rogers Muheirwe, asked Kamugisha to present proof that the officers had eaten the foot on credit but he had no document. It was until the entire SACCO leadership was dropped and replaced with Senior Commissioner of Police Wilson Omoding and other members.

Senior police officers at SACCO offices have intimated to Uganda Radio Network –URN that the new undersecretary, Aggrey Wunyi, has cleared part of the debt. This, according to source, has been achieved after Omoding hired Allied CPA that has helped to reconstruct documents regarding the food debt.

“That money had been there but the SACCO manager (Kamugisha) did not have any document to explain the period the food had been served to police officers. There was no record of how the 3 billion debt had accumulated. But our new chairman (Omoding) hired Allied CPA and they reconstructed the documents. That is why we have been able to receive part of the debt,” said a senior police officer.

In most of the annual reports, Kamugisha often reported losses made by the Exodus Canteen. For instance, in his 2019 report, Kamugisha indicated that the Canteen had made a loss of over 73 million shillings.

Among his first acts, Omoding tasked Kamugisha to present all documents regarding the finances of Exodus Canteen and Exodus SACCO. However, Kamugisha failed to present the documents. He was subsequently arrested and charged in court.

Nevertheless, Omoding in his latest report indicates that he has changed the financial misfortunes of Exodus Canteen from 73 million losses as of 2019 to over 500 million shilling as per December 31, 2020.

“We have moved away from a loss of 73million Shillings suffered in 2019 to realising a profit of 750 million Shillings in 2020,” said Omoding.

Eddy Ssekanjako, the SACCO treasurer, says the SACCO disbursed 9.2 billion shillings to 1,899 members. He adds that share capital has grown from 5.28 billion shillings to 5.98 billion shillings translating into a 13.7 percent rise.

Images 1

Keywords