Browsing: Cosase

What AG Legal Opinion Means For COSASE Report On Departed Asian Assets

Attorney General Kiryowa Kiwanuka yesterday revealed that the recommendations contained in the Parliament’s Commissions, Statutory Authorities and State Enterprises (Cosase) report, regarding management of the properties of the departed Asians, cannot be implemented under the current law. “It was very clear, the recommendations by Cosase that they were asking us to do; were not tenable…

Investigations: Bobi Wine Top Confidant Ssenyonyi In Hot Soup For Pocketing Over UGX1.4Bn To ‘Kill’ Damning CAA Report

The Nakawa West Division Legislator Joel Ssenyonyi who doubles as the Chairperson, Committee on Commissions, State Authorities and State Enterprises (COSASE), is under fire with some of his members claiming money has exchanged hands to bungle up one of the key inquests the Committee has lately been undertaking. According to Spy Uganda, the investigation was…

BoU, Crane Bank Saga: Supreme Court Confirms Auditor General’s Report Shs 397 Bn Was Swindled By Greedy BoU Officials In Bank Sale

Supreme Court ruling on Bank of Uganda versus Sudhir Ruparelia in Shs 397 billion case confirms Auditor General’s report that BoU officials swindled the cash in CBL sale. The Supreme Court on February 12, 2022 upheld the earlier rulings of the High Court and Court of Appeal that the Bank of Uganda (BoU) must pay…

Busted: Former MPs On Spot For Asking Bribes From Owners Of Departed Asians Properties

Former Members of Parliament on committee on Commissions, Statutory Authorities and State Enterprises (COSASE) are being accused by city landlords of witch-hunt in the ongoing row involving properties of Departed Asians. According to Eagle Online news website, the new MPs are finding it hard in implementing some of the resolutions passed by the former legislators…

‘You Have No Powers Over Departed Asians Property’ – Solicitor General Warns Bizibu, Minister Kasaija To Back Off Asian Properties Already Repossessed

The Solicitor General has warned Departed Asians Property Custodian Board Executive Secretary George Bizibu and Finance Minister Matia Kasaija not to interfere in matters regarding Asian properties. In letter seen by this website, the Solicitor General citing section 15 of the Expropriated Properties Act Cap.87 says the board and Finance Minister have no powers to…

Busted: Bribes, Witch-hunt in COSASE Probe: Why At least 5 MPs Aborted Signing On Kasozi’s Report on Asian Properties

Five legislators who are among twelve subcommittee members on the Committee on Commissions, Statutory Authorities and State Enterprises (COSASE) didn’t append their signatures to ratify their participation in the investigations of operations of Departed Asian Property Custodian Board (DAPCB). The investigation which lasted for 2 years saw the subcommittee chaired by defeated Makindye East MP…