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Tag Archives: Ibrahim Kasozi

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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Busoga premier summoned over departed Asians’ property

Jinja, Uganda |  THE INDEPENDENT |  Busoga kingdom’s prime minister, Joseph Muvawala who doubles as the national planning authority executive director has been summoned to appear before the committee on commissions statutory authorities and state enterprises-COSASE over the questionable manner in which he acquired the property on plot 38-40 located along  …

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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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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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Custodian Board admits selling contested property to Mukwano

Kampala, Uganda | THE INDEPENDENT | Members of Parliament on the sub-committee of Commissions, Statutory Authorities and State Enterprises have dropped investigations into compensation paid to Mukwano Industries by the Uganda National Roads Authority (UNRA). The decision by the sub-committee which was tasked by Parliament to investigate the dubious acquisition …

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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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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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