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Tag Archives: COSASE

COSASE directs finance ministry to refund UGX 800M to custodian board

Kampala, Uganda | THE INDEPENDENT | The Parliamentary Committee on Commissions, Statutory Authorities and State Enterprises (COSASE) has tasked the Ministry of Finance to refund 800 Million Shillings to the Departed Asians Properties Custodian Board taken after the closure of the International Credit Bank (ICB). Finance Minister Matia Kasaija on …

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MPs probe missing UGX 15bn from custodian board bank accounts

Kampala, Uganda |  THE INDEPENDENT |  Members of Parliament on thecommittee Commissions, Statutory Authorities and State Enterprises (COSASE) have quizzed Ministry of Finance officials over 15 Billion Shillings missing from accounts belonging to the Departed Asians Property Custodian Board. The MPs were on Wednesday meeting the finance minister Matia Kasaija who …

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Occupants struggle to defend possession of departed Asians properties

Masaka, Uganda | THE INDEPENDENT | Current occupants of the former properties of departed Asians in Masaka district are struggling to defend their possession before the Parliamentary Committee on Commissions, Statutory Authorities and State Enterprises-COSASE. The committee is holding a special session in Masaka town where they are interviewing persons …

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VP Ssekandi summoned over ex-Asian property

Kampala, Uganda | THE INDEPENDENT | The new city of Masaka is set to begin life on a clean slate as Parliament starts the process of laying to rest the restless ghost of ex-Asian properties that were grabbed by Idi Amin’s government in 1972 and have been changing hands through owners, …

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30 buildings in Mbale city stolen, sold, mortgaged

Mbale, Uganda | THE INDEPENDENT | The Committee of Parliament on Commissions, Statutory Authorities and State Enterprises-COSASE has grilled officials of the Custodian Board and the Mbale district land board for the fraudulent allocation of departed Asians Properties whose former owners government had already compensated. Some of the stolen properties were …

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FDC struggles without Besigye

Pundits offer party ideas on 2021 elections and Besigye’s Plan B Kampala, Uganda | JULIUS BUSINGE | Uganda’s biggest opposition party, Forum for Democratic Change (FDC) will have a weak candidate on the presidency ballot in 2021, according to pundits who have spoken to The Independent. The comments followed party …

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COSASE probes Sudhir over possession of departed Asian properties

Kampala, Uganda | THE INDEPENDENT | The Parliamentary Committee on Commissions Statutory Authorities and State Enterprises (COSASE) has tasked businessman Sudhir Ruparelia to present evidence on how he acquired property belonging to the departed Asians. Sudhir and his legal team together with Meera Investments on Tuesday appeared before the sub-committee …

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