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Prof. Kiddu Makubuya to answer over Rhino Investments compensation

September 23, 2011
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Home Latest Uganda News

Prof. Kiddu Makubuya to answer over Rhino Investments compensation

by Gerald Businge
September 23, 2011
in Latest Uganda News
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Public Accounts Committee insists that the former Attorney General Prof. Kiddu Makubuya must explain why Rhino Investments was paid extra money when the executive cancelled its tender for kiseka market redevelopment and management.

This followed 14.9 Billion shillings paid as Compensation against 6.1 Billion Shillings to Rhino investment contrary to valuation Committee which was  headed by Former Government Chief  Valuer Mr Jonah Bwiragura .

The committee Chaired by Terego County Member of parliament Wadri Kassiano noted that the figure was increased from 6.1 Billion shillings to 14.9 Billion shillings without any justification.

 

Kassiano said Dr Kiddu Makubuya is responsible for the negotiations that took place to arrive at 14.9 Billion to compensate Rhino Investments yet the information that was gathered from the ground was different.

 Rhino investments belongs to col.  John Mugyenyi  who was resisted by kisekka market vendors on ground that they had capacity to redevelop the market.

By Isaac Senabulya

 

 

Tags: Kiseka marketProf. Kiddu MakubuyaRhino InvestmentsUganda government
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Gerald Businge

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