Mukono Municipality Commercial Officer Minisa Namukose has instructed
banks to stop disbursing money to Savings and Credit Cooperative-SACCOs
registered under the Emyooga initiative.
This follows irregularities unearthed during the assessment of the program by Members of Parliament.
The government disbursed 560 Million Shillings to Mukono
Municipality to be shared among 18 groups. However, the ongoing assessment on the operations of the program by MPs discovered
that none of the Saccos in the municipality returned the money. It was also established that funds were disbursed to the accounts before the registration
Namukose says that they will make inquiries before the banks resume disbursing funds to the Saccos.
“Majority of people who borrowed are not returning money yet there also others
entitled to borrow the same money. This money is an evolving fund returned in not
more than six months for others to benefit. The move is aimed at recovering and
putting to good use government money.”
//Cue in: “Tuli supposed okuba...
Cue out: ...nabo bafune”//
Ann Mary Kayitiro, the Chairperson of Mukono Municipality Women’s
Entrepreneur’s Sacco says that the delays to disburse the funds is affecting
the operations of the Sacco. She notes
that saving without withdrawing money will affect saving.
//Cue in: “Twagenze okutuuka...
Cue out: ...balyoke batugulewo”//
Betty Nambooze, the Mukono Municipality MP says commercial officers should be
held responsible for the anomalies.
Similar irregularities have been cited at Mukono district local
government. The district registered 1,093 associations forming 51 Saccos in
Mukono North, Mukono South and Nakifuma County.
Andrew Lutalo, an officer from the Uganda Microfinance Support Center-UMSC sent
to Mukono to provide necessary information to the MPs has defended the
initiative saying they booked the accounts before disbursing the funds as they
waited for the Saccos to open accounts.