parliament
NEWS

FDC, Kadaga agree on COSASE tenure extension

Speaker of Parliament, Rt. Hon. Rebecca Kadaga and the Main Opposition wing FDC party have agreed on the extension of Abdu Katuntu’s tenure as COSASE Chairperson until the closure of the Bank of Uganda probe(FILE PHOTO)

PARLIAMENT – Information from the highly anticipated meeting between top leadership at Parliament and Forum for Democratic Change (FDC), shows that both parties have agreed to leave the current leadership of the Committee of Commissions, Statutory Authorities and State Enterprises (COSASE) to complete investigations into closure of seven defunct Banks by the Central Bank.

The meeting that took place today in Speaker’s boardroom at Parliament follows a stream of verbal exchanges between the two camps that had all agreed that COSASE Chairperson, Abdu Katuntu and his deputy, Anita Among to complete the probe but a dark cloud still hung on what happened to incoming leaders, Mubarak Munyagwa and Moses Kasibante as incoming Chairperson and Vice Chairperson of COSASE respectively.

While addressing journalists on Tuesday, Leader of Opposition, Betty Aol revealed that the two sides had come to an agreement and the meeting scheduled between COSASE and former owners of closed banks was to go ahead, which hinted at the fact that Katuntu was to continue with the probe.

She explained; “We have finished our dialogue and speaker will be the one to make the pronouncements. We tried to explore a lot of options so the best option will be announced by her on the floor of Parliament in the plenary, I believe it will be tomorrow because today, she has also been busy and we have also been busy in Commission’s meeting.”

However, Aol remained tight-lipped on details of the meeting asking journalists to wait until tomorrow afternoon when Speaker, Rebecca Kadaga would make the official announcement.

“I will implore you to wait for tomorrow. You will get that option which will take care of our interests as Opposition and will take care of the institution of Parliament. You know COSASE is our Committee, it is a Committee which is headed by the Opposition, so we don’t want to water down anything, we explored many options and came out with one and we agreed it is the Speaker who will make the pronouncement on it in plenary,” AOL said.

The meeting was attended by Wilfred Niwagaba who acted as Deputy Whip, Speaker Rebecca Kadaga, her deputy, Deputy Speaker Jacob Oulanyah and LOP herself.

The Leader of Opposition said the witnesses that had been scheduled to appear will have to come as that is their best time to account to the public and refuted claims the meeting had hit stalemates; “They will have to appear because that’s the best instigate that people have to account. There was no stalemate; but we explore, there were options which we explore and we found some difficulties.”

Sources well placed with discussions of the meeting showed that the two sides agreed to have the Katuntu team, whose tenure had elapsed over the weekend carry on the Bank of Uganda probe until the 15th February as opposed to the 20th February 2019 that had been earlier announced late last year by the Speaker.

Comments

iInHouse

All Rights Reserved. THE INFORMATION CONTAINED IN THIS WEBSITE MAY NOT BE PUBLISHED, BROADCAST, RE-WRITTEN OR RE-DISTRIBUTED WITHOUT THE PRIOR WRITTEN AUTHORITY OF THE PUBLISHERS

Copyright@2019: PMLDaily

To Top