{"id":10126,"date":"2019-07-18T08:14:41","date_gmt":"2019-07-18T05:14:41","guid":{"rendered":"https:\/\/ugmirror.com\/?p=10126"},"modified":"2019-07-18T12:40:32","modified_gmt":"2019-07-18T09:40:32","slug":"audit-utl-museveni-directs-minister-anite","status":"publish","type":"post","link":"https:\/\/ugmirror.com\/index.php\/2019\/07\/18\/audit-utl-museveni-directs-minister-anite\/","title":{"rendered":"Audit UTL &#8211; Museveni Directs Minister Anite"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">President Museveni has directed State Minister for Privatization and Investment, Ms Evelyn Anite to institute an audit in the activities of Uganda Telecommunication Limited (UTL). <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This comes in a later dated July 16, 2019. \u201cThis is to direct you to institute an audit in the activities that are going on in Uganda Telecommunication Limited. I have heard of some allegations,\u201d Museveni&#8217;s letter reads.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In early 2017, UTL was in debts of more than Shs700b when the Libyans, who held 69% shares left.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This prompted government to liquidate the firm or save its collapse by putting it under provisional administration to allow a search process for competent investors to take it over. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In May 2017, UTL went under Administration Deed and government appointed the Registrar General of Uganda Registration Services Bureau (URSB), Mr Twebaze Bemanya, as the provisional administrator.&nbsp;<br>One of his tasks was to find an investor to buy UTL within six months. Others were to clear liabilities to all creditors. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">However, two years later, the firm is still struggling to stay on it&#8217;s feet.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>President Museveni has directed State Minister for Privatization and Investment, Ms Evelyn Anite to institute an audit in the activities of Uganda Telecommunication Limited (UTL). This comes in a later dated July 16, 2019. \u201cThis is to direct you to institute an audit in the activities that are going on in Uganda Telecommunication Limited. I [&hellip;]<\/p>\n","protected":false},"author":27983,"featured_media":10127,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_paywall_metabox":[],"jnews_override_counter":[],"footnotes":""},"categories":[98],"tags":[31],"class_list":["post-10126","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-featured"],"_links":{"self":[{"href":"https:\/\/ugmirror.com\/index.php\/wp-json\/wp\/v2\/posts\/10126","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ugmirror.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ugmirror.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ugmirror.com\/index.php\/wp-json\/wp\/v2\/users\/27983"}],"replies":[{"embeddable":true,"href":"https:\/\/ugmirror.com\/index.php\/wp-json\/wp\/v2\/comments?post=10126"}],"version-history":[{"count":2,"href":"https:\/\/ugmirror.com\/index.php\/wp-json\/wp\/v2\/posts\/10126\/revisions"}],"predecessor-version":[{"id":10140,"href":"https:\/\/ugmirror.com\/index.php\/wp-json\/wp\/v2\/posts\/10126\/revisions\/10140"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ugmirror.com\/index.php\/wp-json\/wp\/v2\/media\/10127"}],"wp:attachment":[{"href":"https:\/\/ugmirror.com\/index.php\/wp-json\/wp\/v2\/media?parent=10126"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ugmirror.com\/index.php\/wp-json\/wp\/v2\/categories?post=10126"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ugmirror.com\/index.php\/wp-json\/wp\/v2\/tags?post=10126"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}