MPS on the commissions, statutory Authorities and state Enterprises have queried the Bank of Uganda why it has not recovered 140 billion shilling s advanced to Haba group by government since the deal collapsed.
The MPS while meeting the deputy Governor of Bank of Uganda Dr,Louis Kasekende said that the money should be recovered from government with interests since government has delayed to pay back the money to bank of Uganda.
The deputy Governor Bank of Uganda Louis Kasekende said that bank of Uganda has written to the ministry of finance to pay back the money but still in vein.
The delay to recover 140 billion shillings from Government which had been advanced to Haba group and belongs to City tycoon Hassan Basajjabalaba as compensation for losing city markets angered MPS and said this shows that Bank of Uganda is making losses.