MPs have tasked the Ministry of Finance to expedite charge of sh69.5 billion it owes to the Uganda Railways Corporation.

Kampala, UGANDA: Parliament`s Committee on Commissions, Statutory Authorities, and State Enterprises – COSASE has tasked the Ministry of Finance to expedite charge of sh69.5 billion it owes to the Uganda Railways Corporation. 

In 2013, the Government resolved to promote a number of the URC`s homes recognized as non-center property to the supply of railway services. The property had been earmarked because the supply of finances to maintain the operations of the entity and agreement of its long-time period liabilities. 

The property that blanketed fifty seven acres of the Corporation`s land had been bought at sh69.five billion through the Uganda Land Commission – ULC to non-public builders. However, for greater than a decade, the cash has by no means been paid to URC`s account regardless of recurrent guarantees from the Ministry of Finance, Planning, and Economic Development. 

On Thursday, the Committee summoned the Finance Minister, Matia Kasaijja to provide an explanation for why the URC has by no means been paid. 

The MPs additionally tasked the Ministry to provide an explanation for a few discrepancies detected withinside the land sale consisting of why there has been no formal letter through the Finance Minister authorizing the deal. 

While Cabinet directed the sale of 32.5 acres, the MPs found that as much as 72.78 acres had been bought. 

Ssenyonyi defined that the committee visited URC headquarters in Nalukulongo and found that the entity is present process control and monetary problems but the cash that could recapitalize them turned into by no means remitted. 

But Kasaija did now no longer seem earlier than the committee however despatched Evelyn Anite, the State Minister for Finance in price of Investment and Privatization to symbolize him. The MPs tasked Anite to provide an explanation for why the URC turned into by no means paid and make the dedication to do as quickly as possible. 

 Anite found out that considering that taking up workplace in 2016, she has by no means visible the letter through the Minister of Works and Transport consenting to the sale of URC land and imploring the MPs to summon the previous Finance Minister Syda Bbumba. 

Moses Mwase, the Director in price of the Privatization Unit below the Finance Ministry couldn't verify nor deny the life of the letter authorizing the transaction and asked greater time to discover out. 

Another dedicated earlier than the Committee that she can be able to write a letter on Friday to devote the Government to pay the URC cash, so that it will be blanketed withinside the Financial Year 2022/2023 pending appropriation through Parliament. 

But the Minister couldn`t provide an explanation for why greater than forty acres of the land turned into bought to different non-public builders consisting of 14 acres of land that businessman Hassan Bassajjabalaba obtained to make bigger Kampala University however he rather bought to some other investor. 

Ssenyonyi disclosed that their findings suggest that even as the 14 acre-land turned into bought to Basajjabaliba withinside the public interest, he determined to illegally promote it to some other investor at a price of 15 billion and the land in query is in which web website hosting Arena Shopping Mall in Nsambya, an prosperous town suburb isn't always withinside the public interest. 

The committee additionally cross-tested different beneficiaries on how they obtained the URC land. They blanketed Mbarara North Constituency MP Robert Mwesigwa Rukaari who obtained 3 acres and Janet Kobusingye, the owner of Mestil Hotel and Residences (3.6 acres). 

While acting earlier than the Committee, the 2 builders have did not produce proper files to show how they respectively bought the land in query. 

Rukaari has considering that been cited the IGG even as Kobusingye who regarded on Wednesday stated her files had been burnt in a hearthplace peril. 

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