Amid the ongoing saga over the management of Uganda Telecom Limited (UTL), a youth pressure group has come out calling for the current managers of the company, which was placed under administration over insolvency in 2017, to provide public accountability of its finances.
The Uganda Poor Youth Movement today issued a seven-day ultimatum to the administrators to present an accountability report on UTL’s current status.
Sempala Zayid, the group spokesperson said before UTL is handed over to another administrator, there is a need for the public to know the current financial status and performance of this telecommunication company.
“We demand accountability in regards to the credit status, safety of the company’s assets and overall financial status since most of the government agencies use UTL lines as their official telephone contacts,” he said.
Sempala added that the poor performance at UTL has led to loss of jobs to many Ugandans especially youths, which makes thuis matter more important.
“We have given the UTL Management committee an ultimatum of seven working days to disclose publically all relevant documents regarding the operations of this company. Failure to do so we shall lead a peaceful demonstration with fellow youths in the city,” Sempala added.
Clinton Wycliff another member of the youth group, accused Mr Bemanya Twebaze, the current administrator UTL of failing to get a strategic investor in six months period as per the Insolvency Act of 2011
Wycliff called for coordination of all managers and various stake holders in this company to put all their misunderstandings aside and ensure that they do whatever is possible to revive Uganda Telecom.
The UTL saga came to the surface once again days ago, when Members of Parliament raised concerns on how UTL had failed to pay a 500 billion Shillings debt, yet it was said to be making a Shs 15billion shillings profit on a monthly basis.
In response Hon Evelyn Anite, the state minster for investment told the house that there was rot in the telecommunication company which led to fighting off an audit by the Auditor General on directives of Ministry of finance
Before being fired by the minster in a press briefing Bemanya denied these allegations pointing out that the “people responsible for running down the telecom are known” and will be dealt with in a nearby future
Last week Minster Anite fired Bemanya and asked Attorney General to look for his replacement since all parties had lost confidence in him.