Kiboga Cyclists Association Sack Leaders for Swindling UGX 15M

1889 Views Kiboga, Uganda

In short
Boda boda cyclists in Kiboga town under their umbrella Association Kiboga Saaza Boda Bodas Association have arrested and handed over their leaders to police.

Boda boda cyclists in Kiboga town under their umbrella Association Kiboga Saaza Boda Bodas Association have arrested and handed over their leaders to police.
 
The cyclists accuse their leaders of financial misappropriation of over 15 million shillings from the association.
 
The cyclists came to the decision after a general meeting on Friday. 
 
The accused are the association chairperson Issa Kiyimba, the treasurer Mohammed Sseyange and Isabirye Kinene, the chairperson finance committee.
 
The financial loss of over 15 million shillings was unearthed by an independent committee led by Kiboga town council community development officer, Moses Kwizera.
 
The committee had been investigating allegations that the association accounts were not in order. The probe lasted three weeks.
 
 The committee was set up when the members temporally suspended their leaders in an annual general meeting at Kiboga town council head quarters to allow thorough investigations to take course.
 
At the extra-ordinary meeting while handing over the report, Kwizera revealed that there had been a lot of financial mismanagement of the group's funds.
 
Kwizera told the shocked association members that the committee had discovered that the three were using the association money to service a personal loan of 3 million shillings they acquired. 
 
A missing receipt book that had been reported lost was found by the committee in the possession of the treasurer who was using it to defraud members.
 
The members decided to terminate the tenure of the leaders after listening to the committee report. They also resolved to hand them over to police.
 
An interim chairperson was elected on the spot called Mohammed Lwembawo. He urged the members not to lose trust in the association because of the actions of the discredited leaders.
 
This is the second time the association has been rocked by financial scandal.
 
On January, 11, 2011 the members of the association executive by then led by Ibrahim Kiwalyanga survived being lynched by members after they failed to account for 45 mllion shillings accruing from members’ subscription fees.
 
Each cyclist pays shillings 200,000 for subscription and an additional shillings 20,000 for membership. 
 
 Godfrey Emojong, the Kiboga CID department chief, said that by Friday evening the three had been granted police bond after they agreed to pay back money to the association.