I’m ready to serve as Cosase chair, says Munyagwa


Kawempe South MP Mubarak Munyagwa has final spoken out on the controversy surrounding the tenure of the Committee on Commissions, Statutory Authorities and State Enterprises (COSASE) that is investigating Bank of Uganda.

Munyagwa told NTV that he was ready to take over the leadership of COSASE from Bugweri MP Abdu Katuntu and complete the Central Bank probe.

Munyagwa was designated by FDC to replace Abdu Katuntu on January 13 but on Thursday, Speaker Rebecca Kadaga said she would give the committee one more month to complete the Bank of Uganda and then write a report.

“Katuntu is not the first chairman of COSASE. [Patrick] Amuriat was a chairman he left at the expiry of his term and he was replaced by [Ibrahim] Ssemujju and Katuntu replaced Ssemujju,” he said.

Munyagwa is currently out of the country in India where he says he has gone for treatment.

“I have been silent because am out of the country not because I don’t feel the pain. I am a Ugandan who deserves to serve his country,” Munyagwa told NTV.

Munyagwa threatened to expose Kadaga when he returns.

“What is behind bank of Uganda I know…I know what has been going on and I am telling you the world will know what you have not known.”

He added: “Is it the first investigation on Bank of Uganda? What happened to the golden pens bought at whooping sums? Where is the report? You open up the investigation, you excite the public and there is no report! I am coming back to Uganda, I respect the speaker, I know her power.”

Munyagwa said while he was in Kampala Capital City Authority [KCCA], the former executive director Jennifer Musisi tried to block him but never succeeded.



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