oroti: Finance Trust Bank, district commercial officer on spot over missing Emyooga funds
The Soroti RDC, Patrick Okumu said tragically Emyooga reserves were taken under hazy conditions.
By John Ogulei and Robert Edwomu
Money Trust Bank authorities and the area business official in Soroti are on spot over supposed conspiracy with the suspected fraudster to cheat over Shs 55 million from three Emyooga Savings Groups in Soroti.
President Museveni in August 2019 dispatched Emyooga program, a neediness annihilation program intended to change 68% of Ugandan properties from means cultivating to advertise situated creation.
The program is intended to benefits 18 classifications of individuals in particular; Boda-Bodas, Drivers, Saloon Operators, ranchers, craftsmen, Journalists, neighborhood pioneers among others.
In Soroti, three Groups in Gweri province are problem after a one Moses Okiring Ebaku supposedly plotted with the bank authorities and the area business official to take cash totalling to over Shs 55 million.
The influenced bunches are; Gweri County Women Entrepreneurs, Gweri Boda-Boda Operators and Gweri taxi reserve funds and credit helpful society.
James Peter Omiat the administrator Gweri district Women Entrepreneurs SACCO said the gathering caused the first to pull out of Shs 12.3 million with no issue except for when they returned to make another exchange they we’re stunned when the bank disclosed to them that they had removed an extra Shs 7.4 million.
He said the bank’s reaction provoked them to request the bank explanation and video film to learn the people that pull out the cash on that date.
As indicated by Omiat, in the wake of looking into the recording the bank conceded the wreck and discounted the Shs 7.4 million.
He charges that Ebaku vanished with the Shs 4.1million that the gathering depended him to store on the bank account.
The suspect has on a few events suspected to be knowledgeable with the bank strategies and at one point took an interest in preparing the gatherings along with the bank authorities.
Ebaku isn’t a signatory to Gweri region Women Entrepreneurs SACCO nor a part.
Lazarus Engeu, the administrator Boda-Boda Operators SACCO said they lost Shs 17.5 million on July 4, 2021 through a dubious pull out.
Swaibu Yoweri, the financier of the Boda SACCO additionally guaranteed that around the same time, he got a sms ready that cash had been removed from their record without his authorisation.
The Emyooga strategy expresses that before any gathering gets to cash from the bank, there should be a suggestion letter from the area business official which is introduced to the bank to empower cash withdrawal.
Happiness Christine Apolot the Soroti acting DCO declined to remark on the matter alluding us to the Resident District Commissioner Soroti whom she asserted is the authority representative of the Emyooga program.
The Soroti RDC, Patrick Okumu said tragically Emyooga reserves were taken under hazy conditions.
Isaac Isanga, the Finance Trust Manager Soroti Branch conceded that some cash had been removed from the records of a portion of the Saccos yet rushed to add that the bank discounted it when it understood that slip-ups had been made.
The chief additionally asserted that the suspected fraudster purportedly acquired a proposal letter from the Commercial official on which they based to dispense the assets to different Emyooga gatherings.
An overall request document has been opened at Soroti Central Police Station to launch the examination.
Last week the Deputy Speaker of Parliament Anita Among suspended the House sittings for 7 days to permit lawmakers to examine the execution of the Emyooga program.
Tom Julius Ekudo the Member of Parliament for Gweri County pledged to make a move against Okiring and the bank authorities.
