In a shocking turn of events, Ugandan President Yoweri Museveni has ordered the Finance Minister to launch an investigation into the alleged diversion of Shs54 billion debt payment to foreign firms. The president’s directive comes after it was discovered that the funds, meant for the payment of domestic debt, were instead paid to foreign companies. The investigation is expected to shed light on the circumstances surrounding the diversion of funds and identify those responsible. The Finance Minister has been tasked with working closely with the Auditor General to audit the accounts and transactions related to the debt payment. This move is seen as a significant step towards promoting transparency and accountability in the management of public finances. The diversion of funds has raised concerns about the potential impact on the country’s economy and the ability of the government to meet its financial obligations. As the investigation unfolds, many are eagerly awaiting the outcome and hoping that those responsible will be held accountable.
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