Investment State minister Evelyn Anite has fired Twebaze Bemanya who has been working as the administrator of the Uganda Telecom Limited.
This is contained in a letter dated June 26, addressed to the Attorney General.
In the letter, Anite directed the AG to get immediate replacement for Bemanya after “all parties lost confidence in him”.
“Reference is made to the letter of the Hon Minister of Planning & Economic Development to you dated 20 June regarding Uganda Telecom Limited (UTL)… In effect, a decision has been taken to remove Mr Bemanya Twebaze, official receiver as the current administrator and to immediately replace him with an individual that we will indicate.”
She further writes: “The purpose of this letter is to request you to urgently apply to Court to replace the current administrator within the context of Section 172 of the Insolvency Act, 2011, and the Insolvency Regulations (161 (1)).”
Anite said she is ready to swear an affidavit to support the court application to ensure that the process moves ahead.
“I implore you to have the petition filed without any delay to ensure that the Administration of the Company progresses without any issue. I will appreciate your prompt response,” she told the AG.
According to Anite, whereas government is the only shareholder with absolute powers to take decisions on behalf of the Company in accordance with Insolvency Act and Regulations, and also the biggest creditor of UTL with more than Shs207 billion.
“We have encountered considerable difficulty dealing with the Administrator and have completely lost confidence in his ability to continue serving the role of UTL administrator.”
Bemanya Twebaze, a lawyer and corporate executive, has served as Uganda’s Registrar Generaland Chief Executive Officer of the Uganda Registration Services Bureau, since March 2012.