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Former Finance Minister No Show at CID

The police summons follow a recent Auditor General’s report, which implicated Bumba together with former vice president Specioza Wandira Kazibwe and Fisheries minister Ruth Nankabirwa in the loss of more than 10 billion shillings through a presidential initiative to support small businesses.
Syda Bumba, the former finance minister and Nakaseke District Woman MP has failed to show up at the Directorate of Criminal Investigations to record a statement in connection to the loss of 10 billion shillings at the Micro Finance Support Center. Bumba was summoned to appear before the directorate of Criminal Investigations on Friday through the office of the speaker of parliament but she didn’t show up.

 

A source at the police headquarters who declined to be named confirmed the summons had been delivered to the speaker but expressed ignorance why the former minister has not showed up for questioning. The police summons follow a recent Auditor General’s report, which implicated Bumba together with former vice president Specioza Wandira Kazibwe and Fisheries minister Ruth Nankabirwa in the loss of more than 10 billion shillings through a presidential initiative to support small businesses. Recently, the trio appeared before the Public Accounts Committee -PAC where it emerged that money was used reward NRM supporters in the 2011 elections.

Members of the Presidential Joint Steering Committee-JSC chaired by Dr Sam Lyomoki, who were supposed to oversee the distribution of the money, told the Public Accounts Committee that the ministers hijacked the project from them. They also accused the trio of smuggling ghosts onto the list of beneficiaries in an attempt to hoodwink the President and take the money. According to the Auditor General’s report at least 12.3billion shillings that the President promised market vendors and other small businesses is believed to have been swindled.

The report reveals that the money was lost through forged bank accounts, creation of ghost SACCOs and inflating the beneficiary’s lists. In one case in Bundibugyo, Ministry of Finance and MSC officials told the President that there were 2,000 market vendors but subsequent verification found only 808 vendors. At police, Syda Bumba is supposed to record a statement for her alleged connivance through the introduction of 22 new beneficiaries in Nakaseke onto the list, who were allocated 700million shillings. Dr. Sam Lyomoki was also supposed to appear at CID headquarters but excused himself saying he was away in the USA attending the Uganda North America Convention.

Syda Bumba could not be reached by our reporter to establish why she didn't report to the CID headquarters. Bumba resigned her seat as finance minister about two years ago following immense pressure from parliament and the public for her role in the dubious compensation of 140 billion shillings to city businessman Hassan Basjjabalaba for loss of business in Kampala markets.

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