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UGX 85 Million Embezzled from Kabarole SACCO

In a petition dated September 20, 2018, and addressed to the Resident District Commissioner Kabarole, the members accuse Mastura Kabatalesa for embezzling the funds for the past five years.

Audio 4

The Manager of Busaiga SACCO is on the spot for embezzling more than 80 Million Shillings.

In a petition dated September 20, 2018, and addressed to the Resident District Commissioner Kabarole, more than 50 members accuse Mastura Kabatalesa for embezzling the funds for the past five years.

Arthur Mugenyi Kagezi says that in 2013, 50 million shillings was discovered missing from the SACCO by auditors, 15 million shillings in 2017, and 20.8 million shillings between March and August this year.

Kagezi says that they now want RDC Stephen Asiimwe to intervene and demand that Kabatalesa refunds the missing funds.

//Cue in “Ebizibu ebigenzere nibibaho…

Cue… SACCO kugenda mumaiso.”//.

Kagezi also claims that Kabatalesa has been conniving with criminals to steal motorcycles that she would supply to the SACCO members on loan.

//Cue in: “Abasigazi baitu abakyali…

Cue out… na RDC nagimanya.

However, Kabatalesa denies the allegations saying that they are meant to tarnish her name. She explains that some of the members who are peddling the allegations are defaulters in the SACCO while others ceased being members.

//Cue in: “Some of those…

Cue out… are even ignorant.”//.

Asiimwe says that he is going to write to the district Chief Administrative Officer, the district commercial officer and some of the founder members of the SACCO to resolve the matter. 

//Cue in: “Nituza kugambira CAO…

Cue out… eya Kyabanyaga SACCO.”//



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