Cash Bonanza probe on today

The Parliamentary Committee on Commissions Statutory Authorities and State Enterprises that is investigating the controversial 6 billion oil cash bonanza is set to interface again with a team from Uganda Revenue authority and the minister of finance Matia Kasaijja.

On Monday, the committee met the URA chairman board of directors Simon Kagugube who informed them that the money in question was removed from the URA account without the board’s approval.

Committee chairperson Abdul Katuntu says they want to establish the role played by the ministry of finance and the Uganda Revenue Authority in this controversial deal.

The 6 billion-shilling golden handshake as it is commonly known was a presidential appreciation that was given to 42 government officials who helped Uganda to win a capital gains tax dispute against Heritage Oil and Gas Company.