Police detectives at the Criminal Investigations Division (CID) have recovered Sh600m, part of the Sh3bn in corrupt proceeds from Uganda Printing and Publishing Corporation (UPPC).
The detectives at the Criminal Investigations Division (CID) of Police have recovered Shs600m, part of the Shs3bn corrupt proceeds from Uganda Printing and Publishing Corporation (UPPC).
The new finding was confirmed in a post on Wednesday by Charles Twine the CID spokesperson. He said only shs600 million of the embezzled money has since been recovered.
“Detectives at CID headquarters have recovered shs600 million from some suspects of Uganda Printing and Publishing Corporation. The money which was destined for another accomplice in crime was part of the shs3 billion loot that had passed through an account of a fictitious Commission agent.
The decision to interdict top managers of UPPC to pave way for investigations was correct. We shall get to the root of the prob,” Twine wrote on Twitter.
The recovered money is part of the Shs3billion that the suspects including UPPC’s Managing Director, Prof. Waswa Tomas Davis are alleged to have looted from the corporation.
A few days back, Twine in a statement announced that the police detectives at CID headquarters had detained UPPC’s MD Waswa Tomas over the alleged embezzlement saying that they are still in search of other culprits.
Prof. Waswa Tomas Davis, alongside Kitamuweesi Musubire (Chairman Board of Directors), Moreen Nyakato (Ag. Corporation Secretary) and Andrew Senabulya (Senior Internal Auditor are suspected of squandering the corporation’s money worth sh3 billion.
Meanwhile, following the news about the embezzlement, Milly Babalanda the Minister in charge of Presidency on August 17, visited the UPPC offices after which she called for the suspension of the corporation’s board to pave way for smooth investigations into corruption, abuse of office in addition to the mismanagement allegations.
“Using my powers as Line Minister under Sec.6 of the UPPC Act, yesterday I temporarily suspended the M.D and Board of UPPC. The action is intended to pave way for investigations into allegations of corruption and forgery. All other staff is urged to continue working normally,” Babalanda tweeted on August, 18.
In the meantime, she said the UNATU boss, Mr James Tweheyo will be serving as the caretaker Managing Director of UPPC as proper investigations into the said irregularities commence.
Meanwhile, as an enterprise that is fully owned by the government under the UPPC Act, Cap 330, UPPC was established in 1992. The corporation is responsible for the printing of all bills, statutes and official Gazette.