Agency
The State House Anti-Corruption Unit (SHACU) has vowed to clamp down on ghost Emyooga Savings and Credit Cooperative Organizations (SACCOs) and cause prosecution of district leaders implicated in the misuse of funds.
This commitment was made during a high-level meeting held on November 15, 2024, at State Lodge, Nakasero.
The meeting was attended by senior government officials, including Resident District Commissioners (RDCs), Resident City Commissioners (RCCs), National Resistance Movement (NRM) Division Chairpersons, and district security officers.
The meeting’s focus was on addressing reports of irregularities in the disbursement and utilisation of Emyooga funds.
Moses Byaruhanga, Senior Presidential Adviser on Political Affairs, pledged thorough investigations into the alleged existence of ghost SACCOs and mismanagement of funds.
Mr. Byaruhanga directed the Microfinance Support Centre (MSC) to work closely with local leaders and security officials to assess the utilisation of funds and verify the existence of SACCOs.
Launched in 2019, the Emyooga Presidential Initiative on Wealth and Job is aimed at uplifting communities to market-oriented production. The program seeks to create jobs and improve livelihoods through financial support for local enterprises. Each SACCO is entitled to sh30m as seed capital, and additional funding of sh20m per SACCO.
