Note: This is our record of what transpired in the meeting. Not verbatim.

Meeting with Mandela National Stadium (MNSL)

Discussed in the Committee on Commissions, Statutory Authorities and State Entreprises on November 19th, 2014

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The purpose of the meeting was to hear responses to queries raised In the Auditor general’s report of 2011 and 2012. The meeting was chaired by Hon Ibrahim Ssemujju Nganda and Mandela National Stadium, Namboole was represented by the Manager, Jamil Sewanyana. It’s important to note that management that represented MNSL in the meeting were new staff and didn’t have knowledge about years prior to their appointment.

Some of the auditor’s queries included;

Accumulated operating losses of UGX 3.6 billion with UGX 375 million for the year 2012 and the balance accumulated over the years. Management told the committee that loses were as a result lack of government funding to the stadium, failure of government agencies to pay for facilities used among others. Managing appealed to parliament to ask government to resume funding to the stadium for it to return to its former glory.

Non-disclosure of share Capital by MNSL, management said there were a number of changes at the stadium and some documents could not be traces. Memorandum of Articles of Association states that MoFPED and MoES took over shares in the stadium but there was no documentation to show how it came about and how they paid for the shares. Management also assumed that the donation from China to the Stadium might have been turned into equity because there is no evidence that government bought the shares but has complete control over the stadium.

2011

The audit noted that MNSL hadn’t had an annual general meeting in a longtime, management said the meeting was slated for December 4th 2014

Also noted was that MNSL didn’t have an updated fixed asset register and also didn’t have its assets engraved. Management said they required money to carry out an evaluation process before updating the register, money they did not have. They however asserted that the process was on going.

There was an issue of dishonored cheques worth UGX 43 million but was sorted out as at 15th February 2012.

The issues of squatters on land, authorized interbank transfers of UGX 173 million, irregular payments UGX 114 million, unbanked revenue UGX 429 million, doubtful delivery of goods worth UGX 63 million, un accounted for funds worth 60 million, were all under investigation by the Inspector General of Government.

Since management was unaware of the happenings in previous years, the committee ruled that they will summon the previous management to provide answers notwithstanding also instructed Management to avail all the necessary documentation for the answers they gave.

 

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