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Auditor General Exposes Shs267 Billion Discrepancy in Umeme Buyout Deal – The Black Examiner

Summary by examiner.co.ug
KAMPALA, Uganda | Examiner — A bombshell audit report has revealed a staggering Shs267.614 billion overestimation in the funds secured for Uganda’s Umeme concession buyout, forcing Parliament to demand strict adherence to the verified figures. The Auditor General’s investigation determined the actual compensation due to the power distributor stands at 118million(Shs432.677billion)−dramaticallylowerthanthe118million(Shs432.677billion)−dramaticall…
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examiner.co.ug broke the news in Uganda on Thursday, March 27, 2025.
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