Kadaga Speaks Out on Naked Protesters

Speaker of Parliament Rebecca Kadaga has distanced herself from accusations leveled against her by a group of women who claim to have lost millions of shillings in cryptocurrency scams.

Kadaga in a statement issued by the Principal Press Secretary Sam Obbo, said she not only wasn’t involved in the women’s troubles, but also tried to help them after they lost their money.

The response followed a video of women who stripped naked at the NRM offices in Kampala in protest, calling government to refund their lost money.

The angry women even denounced the ruling party and accused Kadaga of ignoring their cries.

“The Speaker of Parliament has learnt with dismay about a video clip which portrays a woman trying strip naked due to anger over loss of money to crypto currency scheme. The woman, portrayed hurling insults at the NRM party, also singled out Speaker Rebecca and also blamed her for the alleged loss,” said part of the statement.

“I have seen a video circulating on social media of persons who reportedly lost money to Dunamiscoins Resources Ltd. The victims claim the company suddenly closed shop and didn’t return customers’ deposits. Contrary to what is raised in the video, I acted on the cries of the petitioners and on 28th May 2020, wrote to the Ministry of Finance and the CEO Financial Intelligence Authority demanding action on this and other related scams where the public has been fleeced of money.”

Dunamiscoins Resources Limited opened in Masaka in central Uganda in November 2019 and started taking money from local clients – promising 40% interest. Their premises suddenly closed.

The firm’s director Samson Lwanga was later and charged before the courts of law.


Speaker Kadaga wrote to the Finance Minister Matia Kasaija and Microfinance and Financial Intelligence Authority, on May 28th 2020 to follow up on the case of the victims of Dunamiscoins Resources Limited.

Parliament also in November 2018 passed a resolution for government to ban crypto currency and ponzi schemes.

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