Pierre Mbabazi Nyetegyereize , the deputy speaker of Rubanda district and two others are in hot soup for allegedly mismanaging funds meant for the Kabale Journalists Emyooga Sacco.
Nyetegyereize, who is also serving as the Hamurwa sub county LC V councilor was arrested on Monday for fraudulently acquiring a loan of UGX 1.2 million from the said Sacco yet he is not a journalist.
Reports reaching Mazima indicate that he was arrested together with Moses Henry Tahoreraho, the Executive Director of Western Media Wards and Bright Manure, the Treasurer of Kabale Municipality Journalists Emyooga Sacco.
According to the Kabale Resident District Commissioner, Darius Nandinda, he ordered for their arrest following their involvement in the alleged mismanagement of UGX 36 million meant for journalists.
An audit report presented by Kabale District Commercial Officer, Erasmus Natuhamya indicates that there was no clear record of money used since the Sacco did not have cashbooks, receipt books and payment vouchers.
Tahoreraho reportedly used his position to recruit none journalists into the Sacco and gave out loans to the members without consulting concerned stakeholders.
The Commercial Officer suggested that the Sacco members should elect another board as soon as possible following the arrest of the trio.
The suspects will remain in custody until their relatives pay back the money to the Sacco account and present bank slips to the Police.