Operation Wealth Creation Funds to Be Withheld for Lack of Legal Framework
The committee on commissions, statutory Authorities and state enterprises (COSASE) has threatened to halt the appropriation of funds to NAADS in the coming financial year 2018/19 if government fails to come up with legal operation framework for operation wealth creation (OWC).
This as the committee chaired by Bugweri county mp Abdu Katuntu today interfaced with the Minister for presidency Easter Mbayo, state minister for Agriculture Christopher Kbazanga, Attorney General William Byaruhanga , officials from OWC and NAADS over the illegal activities of Operation wealth creation.
The committee notes that ever since the creation of OWC as directed by president Museveni in 2014, this seems to have taken away the core functions of NAADS of which it’s doing illegally with no frame work guiding its activities hence cannot be summoned to account for the funds it uses under NAADs.
The Attorney General William Byaruhanga informed the mps that, a year ago, he advised the ministry of presidency to formulate the legal frame work for operations of OWC but up to now it has not been submitted to cabinet for review.
Now the committee chairman Abdu Katuntu ruled that the responsible ministries be given one more month to come up with a bill entailing legal framework for operation wealth creation or else, parliament cannot continue releasing funds that cannot be accounted for.
Prior to this decision, the Busiro East mp Medard Lubega ssegona had proposed for a motion for parliament starting next financial year halt NAADS funds until the mix up of the two entities is solved.
Ssegona notes that president Museveni is now usurping powers of different authorities that he directs on each and everything despite the governance that operates on law.
In the financial year ending 2017/18, NAADS was given 279bn of which 17bn has been crossed to Operation Wealth creation that is run by the Army.