back to top
HomeBusiness|NewsBlunder! Finance Ministry Mistakenly Sends Shs 2.3 Billion To Ugandan Students Stranded...

Blunder! Finance Ministry Mistakenly Sends Shs 2.3 Billion To Ugandan Students Stranded In China

Published on

- Advertisement -spot_img

The Ministry of Finance has asked the Ugandan Embassy in Beijing, China to refund money mistakenly sent to its account.

Although Cabinet had direct the ministry to send $61,800, the Ministry of Finance transferred $600,000 on the request of the education ministry.

Now, the Secretary to the Treasury, Mr. Keith Muhakanizi has ordered the Embassy to transfer USD 538,200 (approx. UGX 2 billion) back to the Contingency Fund with immediate effect.

“As you’re aware, on 28th of February, this Ministry (Ministry of Finance) transferred USD 600,000 through the Ugandan Mission in Beijing to support affected students. However, upon receive of the Cabinet extract number, we noted that there’s a discrepancy between the amounts therein and that in the letter from the Ministry of Education and Sports,” Mr. Muhakanizi wrote.

He added: “The purpose of this letter, therefore, is to direct you to return the excess 538200 back to Contingencies Fund account”.

Finance Ministry letter to Ugandan Embassy In China

Ugandan students have been sending messages of serious concern over lack of food and other supplies after being confined in hostels.

The government says 105 Ugandan students are in Wuhan city universities where 65 are known government-sponsored students, while 40 are on private sponsorship.

Related

Shincheonji Marks 42nd Anniversary: “From A Basement Beginning To A Denomination Growing By Tens Of Thousands Every Year

Commemorative Service Held at Cheongju Church, Shincheonji Church of Jesus on the 15th- The...

Hellen Seku Calls on Learners to Make Smart Choices to Prevent HIV/AIDS

The Commissioner for the National Secretariat for Patriotism Corps (NSPC), Ms. Hellen Seku, has...

Former U.S. National Security Advisor Flynn Visits Museveni

Retired United States Army Lieutenant General Michael T. Flynn has held a meeting with...

TAG, MTN Uganda Partner to Drive Youth Culture Through Roots & Vibes Festival

The festival is presented by Talent Africa Group (TAG) in partnership with MTN Uganda...

More from The Capital Times

Business Boom In Namugongo Ahead Of Martyrs Day

Business has picked up this morning at Namugongo Martyrs shrine according to traders. The...

Here is why the Faras Uganda is the Ultimate Convenience Mobility App for Every Ugandan

Kampala, Uganda – In a fast-paced world where time is increasingly precious, Ugandans are...

Museveni Inaugurates De Heus State Of The Art Fish Feed Factory In Njeru, Buikwe

Njeru, Jinja: De Heus Animal Nutrition, a global leader in animal feed solutions, has...