Promoters Face Charges Over Mismanagement of SACCO Funds in Uganda
1 report, 1 independent
Updated Oct 6
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What happened
Norbert Twizire and Twaha Mujabi were remanded to Luzira Prison in Kampala, Uganda, after facing allegations related to fund management. They are accused of mismanaging about Shs1 billion in government funds released to the Kampala and Beyond United Music Promoters SACCO, in addition to approximately Shs31.9 million in members' savings. The duo was expected back in court on October 26, 2026.
From newvision.co.ug
Why it matters
The allegations involve the misuse of government funds allocated to a financial cooperative in Kampala, Uganda. This situation raises questions about financial oversight and the integrity of public funds distributed to industry associations.
From newvision.co.ug