Four top Microfinance support centre (MSC) bosses who are accused of stealing teachers’ SACCO money worth Shs10billion have been granted bail, Ug Mirror reports.
Anti-Corruption Court granted a Shs30million cash bail to John Peter Mujuni, Executive Director of MSC, John Mwebembezi, the head of finance and administration, Joan Asiimwe Baryaruha, a teacher, and Julia Birungi, a lawyer and the assistant credit officer.
Their sureties were given a non-cash bond of Shs500m.
Grade One Magistrate, Moses Nabende also directed the accused to deposit in court their passports and were also instructed not to go to their workplaces since investigations are ongoing.
Prosecution alleges that Mujuni, Mwebembezi and Birungi between November 2019 and August 2020, stole Shs10.8billion in installments which was part of the Shs22billion grant from the President, meant for the teachers’ loan fund.
Teachers from all walks of life were in court and they objected to the Magistrates decision of giving the suspects bail.