In a dramatic turn of events, members of the Ugandan Parliament voted unanimously to issue an arrest warrant for Edward Mujuni, the Executive Director of the Microfinance Support Centre (MSC), alongside several senior officials. The move follows an audit that uncovered losses exceeding UGX 1.2 billion attributed to mismanagement and alleged embezzlement. Opposition MPs demanded immediate accountability, while the Ministry of Finance pledged full cooperation with law enforcement. The MSC, a key player in providing credit to small businesses, now faces a leadership vacuum as investigators prepare to seize documents and freeze assets pending further inquiry.
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