BROKE HYENAS: How cunning members drained Entebbe Airport SACCO Shs 100M to the dogs!

BROKE HYENAS: How cunning members drained Entebbe Airport SACCO Shs 100M to the dogs!
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It’s now official that the Uganda In-flight SACCO is  grounded after some members drained its money coffers to the dogs.

In a special report we have discovered that over seventy members of  the defunct  airport workers’ credit facility  are on the run after failing to clear their outstanding arrears  amounting to over one  million shillings(shs100M).

During  the 18th annual general meeting, the association chairman Kabali Ali  revealed that over seventy seven members including Basesagwaka consultancy firm drained the credit facility to shut all its doors from business.

A report has been compiled with all members that walked away with the SACCO funds  and gone missing.

In the list includes Parmu Robert with shs7,461,600/=, Tukesiga George shs2,778,000/=,Tushe Teddy shs1,672,450/ =, Kabajulize Janet shs649,900/=, Opio Felix  shs1,896,360/=, Nambuya Victoria shs1,445,800/=, Namaganda Suzan shs853,230/=, Nakyazze Jane shs 5,833,356/=, Atuku Rebecca shs1,911,962/=, Namawejje Sylivia  shs3,686,700/=, Ssebaduka Betty shs438,000/=, Bukirwa Loy shs11,372,800/=, Ssenyonga Majorie shs1,770402/=,Namunoga Jane shs886,250/= ,Muhanuzi Rhodah shs1,966,140/= Wakusula Brenda shs1,446,700/=,Ejang Gloria shs284,224/=,Kajubi Mattias shs1,950,000/=,Kakuuku Andrew shs13,077,630/=,Tayebwa Alex shs1,913420/=,Nsubuga Peter shs1,786157/=,Matovu Paul shs711,021/=,Agaba Felix shs1,185,300/=, Kintu Steven shs3,721,906/=,Mutamba Nicholas shs722,800/=,Musisi Derrick shs656,905/= and Basesagwaka consultants shs3,311,080/= plus others have gone missing.

The named  defaulters   acquired several different  loans from the members’ credit organization  and arrogantly refused to clear off  their  names from bad debts , said 2020report.

The report also highlighted how former chairman Asan Assimwe vanished with all the SACCO funds amounting to the  sh 236,817549/=.

The credit facility was forced to sale -off   their SACCO land at shs 150,000,000/=  to sort out some choking bills including members.

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