MPs demand investigations over the loss UGX 8 billion on Makerere University-NIC saga
A section of members of parliament led by Mwine Mpaka, Western YouthMP, have demanded an investigation into a deal that saw Makerere University allegedly lose up to eight billion (UGX 8 billion.)
While addressing the press at Parliament on 31st July 2020, the MPs said that Professor Nawangwe, Vice-Chancellor and other university officials had led to a loss of Shs 8 billion by signing an out of court settlement with National Insurance Company (NIC) without the approval of the attorney general.
Before the university decided to set up its internal fund, NIC was the custodian of the Makerere staff provident fund. The decision to set up an Internal fund was reached at by the University following a series of disagreement with NIC.
On 11th July 2020, the NIC handed over the Title and documents of ownership of a five-storey building on Plot 2A Kampala Road to Makerere University. The property was handed over by the Chairman, Board of Directors, NIC Holdings Limited, Dr Martin Aliker to the Chairperson, Makerere University Council, Mrs Lorna Magara.
Mpaka further revealed that he had three documents showing How Nawangwe tasked the then university secretary Charles Barugahare to sign on the consent judgment without further delay between Makerere University and NIC before the end of the year.
The MPs called for the establishment of a select committee of parliament to investigate how Makerere university and NIC resolved the Shs16.7 billion lecturers’ top-up allowance saga yet the government had borrowed the said monies from the consolidated fund to cool down the impasse.