Bank of Uganda Governor Tumusiime Mutebile has been thrown out the oil Adhoc committee investigating the oil sector for the second time for failure to produce evidence to the committee that he was directed by president Museveni to draw money from the consolidated fund to finance the purchase of fighter jets to the tune of 1.7 trillion shillings.
Mutebile had appeared before the committee chaired by Micheal Werikhe to answer questions related to oil revenue and how the oil money was kept in shillings yet it came in dollars.
Mutebile had told the mps on the committee that in a meeting he had with the president and the ministry of finance, he was directed to release funds from the consolidated fund to purchase fighter jets in 2010 on ground that the money will be recovered to the consolidated fund from the capital gain tax of oil companies.
However, the Governor angered the MPs on the committee when he totally rejected to give the committee evidence indicating president’s directive to governor to release jet money from the consolidated fund with out parliament approval.
The member of parliament for Makindye west Hussein Kyanjo had wanted the evidence from governor that shows that the president directed him to draw money from consolidated fund which the governor declined to do and the committee ordered him to leave .
The committee chairperson Micheal Werikhe told the governor to go if he cannot give evidence to the matter he rose before committee because this information is vital in the committee’s investigation into oil sector.
The member of parliament for Buhanguzi county in Hoima District Julius Junjula Bigiirwa was furious with the governor’s failure to give them the alleged president Museveni ‘s directive to use the consolidated money to buy jets and he said how sure are they that the oil money in bank of Uganda will not be mismanaged .
By Isaac SenabulyaTags: oil revenue allocation Uganda oil industry Uganda oil resources