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Inside IGG raid at Uganda Investment Authority offices

by Michael Kironde
in Business
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Inside IGG raid at Uganda Investment Authority offices

Uganda Investment Authority boss, Robert Mukiza.

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Officials from the Inspectorate of Government have raided the offices of the Uganda Investment Authority in Kololo and confiscated some documents.

This website has learnt that in the raid on Tuesday afternoon, staff from the IGG accompanied by police officers raided the UIA offices in Kololo before sealing off the premises and stopped anyone from leaving or accessing the offices.

These would later interrogate several staff before taking with them several procurement files, staff lists, fuel management records and approved budgets among key documents they could land on.

Meanwhile, the finance director, Ahmed Busobozi was also interrogated for any information that could guide in their investigations.

This website has separately learnt that the raid was part of an ongoing investigations into mismanagement and corruption at the Uganda Investment Authority which among others includes extortion of money from investors.

It is said the investigation was prompted by a petition to President Museveni by a number of investors of the manner in which UIA was doing its work and among the complaints raised was extortion .

In letter addressed to UIA staff, Executive Director, Robert Mukiza revealed that the IGG had issued a search warrant, authorizing its staff and police officers to collect oral, electronic, and documentary evidence.

Mukiza is reported to have expressed the management’s confusion regarding the motive behind the investigation, as UIA had not been provided with a copy of the complaint but promised to cooperate.

“We have nothing to hide, and we will fully cooperate with the IGG in its investigations in accordance with the law,” Mukiza stated in the letter.

Sources say the raid was pre-emptive in a bid to stop staff and officials at UIA from interfering with documents keys to the ongoing investigation by the IGG.

Tags: IGGRobert MukizaUgandaUganda Investment AuthorityUgandan news
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