The house in question is currently occupied by Elias Nuwagaba, the former Personal Assistant to the Vice-Chancellor Professor Barnabas Nawangwe. Nuwagaba, who took possession of the house in his former position as Deputy Vice-Chancellor for Finance and Administration, was last year dismissed by the University Appointments Board on allegations of extortion and bribery.
Noah Bulamba, the Chairperson of Tumbaali Multipurpose Cooperative Society in Masuliita Sub County says that the group has an investment portfolio of 38 Million Shillings generated from the sale of shares to members and low-interest loans. He adds that members borrow credit for personal investments such as the construction of family homes and businesses, adding that they are now focused on saving money for the future.
