"While reviewing the SACCO’s policy on administration of the loan protection fund, we noticed that it was in conflict with the Co-operatives statute which requires the loan of a deceased members to be written against the shares and credit balances that the members to the loans of the following deceased members and has proceeded to write off the following loan balances against the loan protection fund; Jacob Oulanyah Shs294,918,413, Rehema Wetongola Shs3,093,535 and Patrick Okabe Shs123,361,493,” explained Migadde.
📸: Hon Adriko Yovan. Story By Andrew Cohen Amvesi. ARUA . Yovan Adriko, the Vurra County Member of Parliament (MP) in Arua district has been committed to six months civil prison for failing to clear debts amounting to shs55,677,400. Adriko was on Thursday evening sent to Arua government prison to serve six months shortly after his arrest at Slumberland hotel in Arua City. MP Adriko warrant of committal judgement debtor to jail. Paul Mawa of T/A Vitality Associates, the court bailiff assigned to arrest the MP, duped him to come and pick some money for a land transaction at Slumberland hotel where he picked him like a baby after a long hunt. Adriko was immediately arraigned before Her Worship Karungi Leo, the Deputy Registrar of Arua High Court who later committed him to imprisonment not exceeding six months. Part of Adriko’s warrant of arrest issued b court Adriko was sent to the coolers for failing to clear shs48m which is the princip
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