Deputy ED Uganda Investment Authority Mr Paul Kyalimpa resigns

Deputy ED of Uganda Investment Authority Resigns Amidst Controversy

In a surprising turn of events, Deputy Executive Director of the Uganda Investment Authority, Mr. Paul Kyalimpa, has tendered his resignation. This announcement comes amidst allegations of honoraria being awarded to certain individuals within the organization, including Mr. Kyalimpa himself.

Allegations of Obscene Honoraria

The resignation of Mr. Kyalimpa has sparked outrage among members of the public, as it has been revealed that he and others within the Uganda Investment Authority awarded themselves what has been described as “obscene honoraria.” This has raised questions about transparency and accountability within the organization, as well as the misuse of public funds.

Calls for Accountability

Following the resignation of Mr. Kyalimpa, there have been calls for the Executive Director of the Uganda Investment Authority, Mr. Robert Mukiza, to take action. Many are questioning why Mr. Mukiza has not addressed the issue sooner and are urging him to investigate whether refunds have been made for the honoraria in question.

Public Outcry and Demands for Answers

The news of Mr. Kyalimpa’s resignation has sent shockwaves throughout Uganda, with many expressing their frustration and anger over the situation. There is a growing demand for answers and accountability from the leadership of the Uganda Investment Authority, as well as calls for greater transparency and oversight to prevent similar incidents from occurring in the future.

Impact on the Investment Authority

The resignation of Mr. Kyalimpa has undoubtedly had a significant impact on the Uganda Investment Authority. With one of its key leaders stepping down amidst controversy, the organization will need to work quickly to restore public trust and confidence. It remains to be seen how the Uganda Investment Authority will address these allegations and move forward in a way that is transparent and accountable to the people of Uganda.

Looking to the Future

As the dust settles on this latest scandal, all eyes will be on the Uganda Investment Authority and its leadership to see how they respond. The resignation of Mr. Kyalimpa has brought to light important questions about ethics and governance within the organization, and it is clear that changes need to be made to ensure that incidents like this do not happen again. Only time will tell how the Uganda Investment Authority will navigate this challenging period and emerge stronger and more accountable in the eyes of the public..

Breaking: Deputy ED Uganda Investment Authority Mr Paul Kyalimpa resigns. We are left with those other people who awarded themselves the obscene honoraria.
Mr ED @MukizaRobert, what are you waiting for?
C/man @Rwakakamba needs to find out whether refunds have been made. @nbstv pic.twitter.com/ZjXxq549JT

— Matua Job Richard (@job_matua) July 4, 2024

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job_matua said Breaking: Deputy ED Uganda Investment Authority Mr Paul Kyalimpa resigns. We are left with those other people who awarded themselves the obscene honoraria.
Mr ED @MukizaRobert, what are you waiting for?
C/man @Rwakakamba needs to find out whether refunds have been made. @nbstv