Bagambisa, 56, is said to have collected over three million Shillings from members of Kyobugombe Tuheingye group in October 2016. The group from Ndorwa East operates as a Sacco affiliated to Kabale Municipality and Ndorwa County Elders Forum KANDEFO.
Twahir Anteli, the Chairperson of COWE Victims Association, says some of their colleagues decided to take their own lives after losing their savings. He says at least four people have committed suicide since 2006.
Sserunjogi says however after investigations they found out that the grain mill which they claimed they bought belonged to Amudan Muliika who later withdrew it and they just used it to hoodwink the town council to get the funds.
On May 21, 2014, UNAA President Brian Kwesiga presented a document to the Bank of America effectively locking out from the account both the elected Treasurer and elected Secretary as co-signatories to the account. Mr. Kwesiga was now the sole and only signatory to the UNAA accounts. Mr. Kwesiga at the time claimed that an executive meeting had removed Mr. Ssempungu from access to the bank account, but no such meeting ever took place.
Three people have been arrested by police in Butenga sub-county, Bukomansimbi for misappropriating 37 million shillings belonging to a Savings and Credit Cooperative Societies (SACCO) affiliated to Uganda Women\'s Effort to save Orphans (UWESO).
The manager of Yumbe town council Savings and Credit Cooperative Organisation (SACCO) has been arrested for allegedly defrauding members of their savings in the group.