18 C
Kampala
spot_imgspot_img

Abitex Faces Arrest Over Alleged Mismanagement of Shs1.5Bn Presidential Fund

Date:

Share:

Authorities are turning the heat on a group of music promoters amid allegations that billions of Shillings meant to support struggling promoters had been mismanaged.

A number of promoters, including Abbey Musinguzi, popularly known as Abitex, alongside several colleagues, are now facing possible arrest and property seizure.

Tonny Ssempijja, head of the Uganda Music Promoters and Venue Owners Network (UMPONET), broke ranks and publicly accused Abitex and a group of fellow promoters of diverting funds given by President Yoweri Museveni.

According to Ssempijja, he personally petitioned Brigadier General Henry Isoke, the head of the State House Anti-Corruption Unit (SHACU), prompting swift action.

“I was the one who blew the whistle about the President’s money stolen by Abitex and his friends,” Ssempijja declared, praising Gen Isoke for what he described as zero tolerance for corruption.

The controversy centres on Shs1.5 billion reportedly issued in January 2026 as a revolving fund to the Uganda Music Promoters SACCO (UMPS).

The Criminal Investigations Directorate (CID), working alongside SHACU, summoned SACCO chairperson Paul Katongole and other leaders — including Godfrey Mayanja, Yasin Kaweesi, Abbey Musinguzi, and Zaidi Kafeero — to appear at SHACU offices on February 9, 2026, to assist with investigations into the alleged mismanagement.

But Ssempijja claims the problem runs deeper. He alleges that during the Covid-19 pandemic, Shs8.6 billion intended to cushion promoters was shared among a small group.

He further accuses the same individuals of taking Shs2 billion from funds received from the President in 2018.

Related Articles:

Abitex Lands Juicy Position in Government

CID Questions Abitex Over Alleged Mismanagement of UGX 1.5 Billion Presidential Fund

During a tense meeting with Gen Isoke, the accused reportedly admitted borrowing the money in their personal capacities and committed to refunding it within three days.

The anti-corruption chief allegedly warned that failure to comply would result in arrest and seizure of their assets.

“Do not be surprised when you see those Land Cruisers and other properties being taken away,” Ssempijja warned.

━ more like this

President Museveni sworn in as President of Uganda.

President Museveni has been sworn in as president of Uganda for the seventh term. The swearing-in ceremony conducted by the Chief Justice, Dr.Flavian Zeija was...

Over 400 Professionals Convene for Landmark “Talent Without Limit” Career Fair in Ntinda

The grounds of the Uganda School for the Deaf in Ntinda were transformed into a vibrant hub of professional exchange last Thursday as the...

U.S. Embassy Launches ‘Freedom 250’ Campaign to Mark 250 Years of Independence

The United States Embassy in Uganda has officially launched Freedom 250: The American Edge, a year-long campaign marking America’s 250th anniversary of independence and...
spot_img