MinBane

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Archive for the tag “Keith Muhakanizi”

Opinion: Will the 64th CPC have a similar aftermath as the CHOGM in 2007?

Now that there is a month or so away from the 64th Commonwealth Parliamentary Conference (CPC) in Kampala. When the 500 delegates from all the Commonwealth member states are coming to the Republic of Uganda. To be part of conference and work for a week.

By all means, the National Resistance Movement (NRM) and its handlers see this a opportunity to spread the good news, to show the grand side of the Republic and its nation. However, why I am writing is that I fear this will be another Commonwealth scandal.

Last time was the Commonwealth Head of Government Meeting (CHOGM) held in Kampala a few days in November 2007. Which in retrospect was a graft-party for the Prime Minister Amama Mbabazi and Vice-President Gilbert Bukenya, also Foreign Minister Sam Kuteesa. Who all were implicated in millions of dollars gone missing on tenders and spending on the CHOGM conference that year.

As we know that the same people and organizers were around. The same people running the ministries and having vital roles. We know, that the NRM and its high ranking officials might see a new opportunity to eat. Don’t be shocked if the CPC becomes a modern day CHOGM. It is 12 years apart, but the same President and his party at the helm.

I would not be shocked if the Office of the Prime Minister Dr. Ruhakana Rugunda, Foreign Minister Sam Kuteesa, Gen. Salim Selah and someone implicated in the State House would suddenly misuse allocated funds, which Keith Muhakanizi can explain nor anyone else. They will vanish in a tender, fake tent or even some VIP cars whose never gotten imported through a shell-company owned by high ranking officials. The IGG, Auditor General or Attorney General can implicate any of them, as they cannot find the paperwork, which also happen to go missing. As the state prosecutors doesn’t have enough evidence to produce a case against them. Don’t be shocked, it is just business as usual.

This is just me thinking loud. I wouldn’t be shocked or surprised if the CHOGM scandal in a new version for the CPC would happen. If it appear for us in late 2019 or in 2020 as the revision of budgets, the value of money reports and whatnot. They will reveal that some company, which happens to be in connection with high ranking officials, suddenly have vanished government funds.

Let’s wait and see. I hope I am wrong, but don’t be surprised if suddenly we have modern day version of CHOGM scandal. Don’t be amazed if the 46th CPC suddenly turned into a goldmine for the big-men at the NRM. Peace.

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Uganda: Fresh report states that the debt-service has grown 129% within one financial year!

 

The Republic of Uganda’s economy is really reeling, it cannot be sustainable as the Government of Uganda is growing their debt like there is no tomorrow. While the fiscal growth is substantially lower than their rate of debt-service. As the growth of debt combined with lacking growth to substantiate the shortfall.

In addition, with the knowledge of added expenses, growing shortfall of funds in the upcoming Financial Year of 2019/20 and the election year of FY 2020/21. There will be more add-ons on the need for debt service, as the state already had loans outstanding, which the grace period ends and the debt-service begins on. Therefore, the amount of loans will transpire even more, than what is in this report. The endless cycle of debt and growth of it, is worrying, as well, as the state thinks that the magical wand of oil-money will clear this debt. Even as the first operational oil field and such has been postponed yet again.

Just look!

“The total Government of Uganda external debt service by end of FY 2017/18 amounted to US$275.75 million, which was an increment of l29% compared to US$120.62 million in FY 2016/17” (…) “Debt service of Uganda’s external debt is on the rise and outstripping growth of the country’s income, currently at 6%. This poses risks for future debt repayments, especially as the country continues to acquire external debt at less concessional terms, especially to finance the oil development programme” (P: 6-7, 2019)

“It follows that as interest rates increase, the debt service obligations of Government also increases. The rise in external debt interest costs attests to the fact the government is increasingly contracting non-concessional debt, which will increase the repayment burden” (P: 24, 2019)

“However, this may not be the most likely scenario, as most projects have been discounted and some excluded in the macroeconomic framework. With the development of the NDP III, additional project and other pipeline project related to the oil developments and other infrastructure, will increase the financing requirement of government in the medium term. The inclusion of the above projects will re-classify Uganda from low risk of debt distress to moderate risk of debt distress or high risk if the export shocks materialize. A downgrade would have significant implications for the program with the IMF, where Uganda’s credit risk rating will worsen; implying that accessibility of nonconcessional financing will be limited. This will limit credit to Uganda to only concessional and grants financing.” (P: 28, 2019)

You don’t need to smart about it, as the state has bigger budgets with higher shortfall in the economy, combined with debt service and higher interest payments on the growing amount of loans. You know sooner or later, the economy will tank, as the fiscal responsibility is taken for granted and that fresh funds are lacking, because these are taken out of the economy to finance the payments of the old debts. Instead of generating growth and actually naturally grow the economy, by spending and investing as a state. The money is taken away to service debt, instead of building the state. That is what they are doing and at a alarming rate. Peace.

Reference:

NEC1-19 – ‘REPORT OF THE COMMITTEE ON NATIONAL ECONOMY ON THE STATE OF INDEBTEDNESS, GRANTS AND GUARANTEES’ June 2019, Parliament of Uganda

Uganda National Oil Company: Press Release (14.05.2019)

Uganda National Oil Company (UNOC): Dr. Josephine Wapakabulo resignation letter as Chief Executive Officer (13.05.2019)

Uganda: Anti-Corruption Unit – Request for Your Intervention in the Delayed Confirmation of Officers in Acting Capacity and Irregular Recruitment of Inspectorate Officers into the Inspectorate of Government (20.03.2019)

Bank of Uganda: Monetary Policy Statement for April 2019 (01.04.2019)

Uganda: Announcement of the National Dialogue on Compulsory Land Acquistion (20.03.2019)

Bank of Uganda: Monetary Policy Statement for February 2019 (07.02.2019)

AG Byaruhanga tries to make a bribe into a donation: Per President Order!

Do not act as if you had ten thousand years to throw away. Death stands at your elbow. Be good for something while you live and it is in your power.”Marcus Aurelius

Today, Attorney General William Byaruhanga delivered his Interim Report on the indictment and the criminal charges of Patrick Ho in connection with Minister of Foreign Affairs Sam Kuteesa and President Yoweri Kaguta Museveni. This has been known now and if these was just mere charges, than the Chinese National wouldn’t get charged and sentenced in a United States Court.

This is because the Chinese National offered a bribe of 500,000 USD each for a possible Oil Deal for a Chinese Company in Uganda. Therefore, the Chinese National made it possible for the high-ranking officials in the Ugandan government to solicit half-a-million United States Dollars for it. That is why we are here today. This was signed off as a Campaign contribution, but by that time, the President had already been re-elected in 2016. We know this, but has to say all this before I quote the Interim Report. What is special about the case too, is that the government will claim the Foundation owned by Kuteesa, but has anyone seen it outside of a paper and a registered entity outside of Uganda Registration Services Bureau (URSB), which it was in 2015. That is why today is special, because a ghost entity got good money for a possible business transaction… that would favorable for the repentance, which happens to the Minister and President.

What is also important to state, which is already white-washed in the interim report, is the delivery of the bribe. That went through customs, which was mailed between the Chinese National and the Minister. Who both combined their efforts to send the money and deliver it in cash, in secrecy, as it was intended to a favorable transaction. Not something that was supposed to end up in Court Documents in the United States and incriminate one, while implicating the high-ranking officials in Uganda.

With that in mind.

The quote:

The Foundation received a sum of US$ 499,993 on 9’h May 2016 from a Hong Kong-based NGO known as China Energy Fund Committee. The money was a donation to the Food Security and Energy Sustainability Foundation which Hon. Kutes a and his wife started as a vehicle for enabling Hon. Kutesa to continue to champion some of the causes he had spearheaded during his tenure as the President of the General Assembly of the United Nations with respect to the 17 Sustainable Development Goals”.

While that quote is special and says a lot, it does trying to clear the implicated Minister in the Corruption Scandal that has rocked the man. That the Auditor General did this on direct order from the President. This was to ensure the President and his ally Kuteesa got off the hook. That is why the Foundation and the “donation” we’re the Chinese National had reasons to give there. Like we are naive.

The Foundation is just based on paper. There are no proof of their work or whatever their supposed to do. Certainly, they are servicing some special and unique unicorns, sorry, ghosts. Because, this money came by plane from the United States to Entebbe International Airport, as it entered the Customs as warned to the parties involved.

So, I have a hard time believing the AG in this matter, as he is trying to figure out a way to clear he Minister of his implication, per order as a loyal subject of the President. Who also got money in the transaction done by the Chinese National. They all know this.

Time for the AG get his act together, unless he is a blind soldier for the President. Peace.

Reference:

Interim Report of the Auditor General on Allegations of Bribery against Hon. Sam Kuteesa, Ministry of Foreign Affairs, in Connection with the Trial of One, Mr. Chi Ping Patrick Ho, A Chinese National, In the United States

Opinion: If this isn’t your war Bosco, maybe you should just retire?

“Why arrest people for being Idle and disorderly, those are colonial tendencies, how do you arrest someone in his country that he is idle and disorderly?”Yoweri Kaguta Museveni (10.12.2018).

Today, was the day of yet another into the bunch of Anti Corruption and Financial Monitoring Authorities within the Republic. This time its a fixed Unit at the State House. That is why it is ironic, that Mr. President doesn’t say it is his fight. That his fight was in the 1980s and not now. That his done with fighting, but are just watching it all. That is not true, as he is usually implicated in it all. If you look thought the scandals, he is either involved or allowing the culprits to get away. That is just the way it is.

That is why I have no faith in a new Unit in a Republic with the IGG, OAG, PPDA, FIA, UPF, The Judiciary and new State House Anti Corruption Unit with a telephone number to call. All of these bodies are supposed to stop it and expose the graft, expose the corruption, however, that is not the wish of the President. Because in the end, that would show his sins. Sins the President is not supposed to have, but does have. We know this and not just mere hearsay. Since there been plenty of scandals since he started his reign in 1986. But hey, will not go into that, because that is doctorate or a book in itself. As the National Resistance Movement (NRM) have been implicated and created it time and time again. There is just new Government Organizations and new names, but the similar scheme, different company tender or another government facility where the culprits close to the President or even himself was eating.

Look:

My war was that of guns and I fought and finished it in Luweero. This war on thieves is yours” (…) “Thieves are there where you are. You see them” (…) “The NAADS people who steal government money; doctors who steal medicine, police officers that solicit bribes, you see all of them. There isn’t any evil that happens down there that you know nothing about” – Yoweri Kaguta Museveni – ‘Corruption is not my war; I fought and Finished Mine in the Bush – Museveni’ 10.12.2018 link: https://chimpreports.com/corruption-is-not-my-war-i-fought-and-finished-mine-in-the-bush-museveni/).

With all of this, Museveni, knows perfectly well. That is why he says stuff like this. Acts the way he does. He is cleaning his hands, while he knows the dirt of his sins will not go off. As he never plans to confess or come clean. That means he will humble himself and show the world his con. The President has lived on the Long-Con.

Therefore, Museveni saying this isn’t his war. Is saying it is not for him to clean up his mess. Which is pretty insulting to all intelligence. As he is the Executive, he is the President and the Government itself. The President could have shown character and been bold, instead he is cleaning his hands or trying to.

The President is trying to fool the public, but ends up fooling himself. As he looks like a schmuck. That is evident with his words combined with years of action. He can blindfold the Movement people and the ones imprinted with his propaganda, but the reality is different.

Bosco can speak hard, but if he cared, he wouldn’t have let all of these activities happening around him or the cronies. All of which is known, but he is thinking the rouse works. However, it doesn’t because people knows it all so perfectly well. That is why people are mocking and playing around with the new Unit. No one believes it.

The President can play around and toy around like King. However, he is still a fool, saying this isn’t his war. Not so strange, when he is the General ordering everyone around and doesn’t want jump on the sword. The President doesn’t want to be credited or charged for the own crimes, but wants fool the rest of world. Even when he has so many authorities to do the job. They cannot do it, because you order them around. We know it, but you will not say it. I have to say it: “You don’t have the heart”.

Secondly, if this isn’t your war, you should retire. As they have to clean up from your mess. Your issues and the chaotic mess you have created. Peace.

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