EDUCATION NEWS UGANDA | A unit of parliamentarians led by Mwine Mpaka (Western Youth MP) want Makerere University Vice Chancellor Prof. Barnabas Nawangwe investigated over lost Shs8 billion into a National Insurance Company (NIC) deal.
It should be remembered that in 2010, works at Uganda’s oldest university were at standstill for weeks after a standoff over Shs16.7 billion top-up allowance between Makerere University teaching staff and NIC.
Before the university decided to set up its internal fund, NIC was the custodian of the Makerere staff provident fund.
Now the legislators claim that the Makerere University Vice Chancellor Prof. Nawangwe and other officials signed an out of court settlement with NIC without consulting the government attorney general. “This led to a loss of Shs8 billion.”
Mpaka said: “I have three documents with me showing that the vice-chancellor Nawangwe tasked the then university secretary Charles Barugahare to sign on the consent judgment without further delay between MUK and NIC before the end of the year.”
The MPs told journalists that they want a select committee of parliament be instituted to investigate how the university and NIC resolved the Shs16.7 billion lecturers’ top-up allowance saga yet the government had borrowed the said monies from the consolidated fund to cool down the impasse.
They also claimed that as part of the deal, the university exchanged one of its properties for only Shs8.7 billion.