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Tag Archives: COSASE

COSASE grills KCCA ED Kitaka over staff pensions

Kampala, Uganda |  THE INDEPENDENT | The Acting Executive Director Kampala Capital City Authority-KCCA Eng. Andrew Kitaka has denied accusations of flouting the Pensions Act and causing financial loss to government. He was appearing before the Committee on Commissions, Statutory Authorities and State Enterprises-COSASE alongside other Authority officials to respond to …

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COSASE threatens to arrest Uganda’s deputy Ambassador to Italy

Kampala, Uganda  | THE INDEPENDENT |  The Committee on Commissions, Statutory Authorities and State Enterprises-COSASE has threatened to cause the arrest of Uganda’s Deputy Ambassador to Italy, Dr. Kassam Mumtaz for snubbing the committee summons. Mumtaz is needed to testify in the ongoing investigations into the acquisition of Departed Asians’ Property …

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Court clears ‘presidential handshake’ beneficiaries

Kampala, Uganda | THE INDEPENDENT | The High Court Civil Division has rejected findings and recommendations of the Parliamentary committee on Commissions, Statutory Authorities and State Enterprises (COSASE) that people who benefited from the SH 6 billion presidential oil handshake refund the money. The committee, which was led by Bugweri legislator …

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URA boss quizzed on taxes collected from substandard goods

Kampala, Uganda | THE INDEPENDENT | The Commissioner-General of Uganda Revenue Authority (URA) Doris Akol has downplayed accusations that the tax body caused losses to businesses by retaining taxes paid for goods that are destroyed after failing to meet standards. Akol was summoned by Parliament’s Committee on Commissions, Statutory Authorities …

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Behind Sudhir win

Plan to have BOU pay heavily Kampala, Uganda | JULIUS BUSINGE AND ISAAC KHISA | Real estate tycoon Sudhir Ruparelia has won a major case in the High Court in Kampala that could see the Bank of Uganda pay him billions of shillings in costs and compensation for lost business …

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MP Mawanda secures leave to introduce BoU Amendment Bill

Kampala, Uganda | THE INDEPENDENT | Michael Maranga Mawanda the Igara County East MP has been granted leave of Parliament to introduce the Bank of Uganda Amendment Bill 2019. The bill seeks to separate the fusion between the Bank of Uganda (BoU) management from the board of directors. It seeks …

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COSASE summons Mutebile

Kampala, Uganda | THE INDEPENDENT | The Committee on Commissions, Statutory Authorities and State Enterprises-COSASE, has summoned the Central Bank Governor, Prof. Emmanuel  Tumusiime Mutebile. Mutebile is supposed to respond to petitions related to closure of commercial banks next week on Thursday. The Constitution gives Parliamentary committees’ quasi powers of …

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Departed Asians Property Custodian Board seal missing

Kampala, Uganda | THE INDEPENDENT | Parliament has asked the Criminal Investigations Department (CID) to investigate the whereabouts of the seal of the Departed Asians Property Custodian Board. This follows a dispute between the Finance Minister Matia Kasaija, and former Custodian Board Secretary Bernard Tumwesigire, who presented a custodian board …

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COSASE cancels meeting amidst URA audit backlog

Kampala, Uganda | THE INDEPENDENT | Despite resuming the review of the audited accounts of Uganda Revenue Authority-URA on Thursday, the Committee on Commissions, Statutory Authorities and State Enterprises-COSASE still has a huge task ahead. The Committee has to review the URA audited accounts for the 2013/2014, 2014/2015, 2015/2016, 2016/2017 and …

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Kadaga clears COSASE to probe BoU

Kampala, Uganda | THE INDEPENDENT | The Speaker of Parliament, Rebecca Kadaga has directed the Committee on Commissions, Statutory Authorities and State Enterprises – COSASE to conduct proceedings on issues that were not concluded as pertains matters on the closure of seven commercial banks by Bank of Uganda. The seven …

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