By Angel Lubowa
BUGANDA ROAD
Another big fish in the teachers boss cash fraud has been charged for causing the financial loss to the educators SACCO.
The anti graft agencies headed by SH_ACU arraigned Twinomujuni Nathan the Secretary, Uganda Liberal Teacher’s Union Members SACCO, before the Buganda Road Chief Magistrates Court on charges of obtaining money by false pretence and Conspiracy to defraud over UGX 1. 35 Billion.
He denied these charges and was remanded until 03/09/2025
Twinomugisha joins other two co-accused namely Mr Mutesasira Evans Kaganizo, the Chairperson, Uganda Liberal Teacher’s Union Members SACCO and Esiingwa Hassan Maganda, a business man and director, Hansem Technical Services Limited who misappropriated over UGX 3.6 Billion, part of UGX 20 Billions.
The alleged money was part of cash granted to Teachers’ SACCOs by H.E the President to improve their welfare.
However upon receipt of the money, the SACCO Chairperson together with Twinomujuni Nathan Kakson, the Secretary, embarked on various activities including; purchase of land in Kiira Municipality at UGX 1.3 Billion, Purchase of unidentified 500 Acres of land at Kabwoya, Kyangwali in Kikuube district at UGX 2.75 Billion from Hansem Techinical Services and motor vehicles worth over UGX 250 Million.
An installment of UGX 1.35 Billion part of the UGX 2.75 Billion for the unidentified 500 Acres of land was paid on the account of Hassan Maganda on 16 December, 2024.
Investigations are continuing and the agencies vow to leave no stone unturned.
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