Interdicted UIA director refuses to leave office

Jolly Kaguhangire, the Uganda Investment Authority Executive Director has refused to leave office 24 hours after the board of directors interdicted her for corruption, embezzlement and abuse of office, among other charges.

In a letter dated June 27, 2018, Kaguhangire wrote to the Chairman UIA Board of Directors, Emely Kugonza, contesting his directive on grounds that the 51st Board Meeting that resolved to send her on forced, was illegal as it did not have quorum and was conducted in haste and bad taste.

“The purpose of this letter therefore is to inform you that the Board in the aforementioned meeting to interdict me was irregular, void and illegal. This serves to inform you that I am still in office as the UIA Executive Director carrying out my duties and the mandate of the Authority,” she noted.

Kaguhangire argued that her dismissal fell short of the ethical standards as per the Investment Code of Conduct which include a 7-day prior notice, a clear agenda and no conflict of interest for involved parties.

“The allegations made against me are unfounded, totally baseless and I remain available to answer them satisfactorily in an unbiased forum,” she wrote.

The Board meeting ordered to handover to the Director SME & STI, Basil Ajer as a select committee investigates her during the interdiction time.