Former NSSF boss acquitted

Former NSSF board chairman Mr Geoffrey Onegi Obel has been acquitted of abuse of office by the Anti Corruption Court.
Anti-Corruption Court judge Margaret Tibulya said prosecution had failed to produce incriminating evidence against the accused.
Mr. Onegi Obel has been facing charges of abuse of office and causing a financial loss of Sh.8bn shillings to government which he allegedly committed between 2003 and 2005.
It was alleged that Mr Obel on behalf of NSSF carried out an illegal private transaction when he went into a joint venture with Mugoya Housing and Construction Company Ltd, leading to financial loss.
Speaking to Daily Monitor, shortly after the court session, Mr Francis Imara, the lawyer representing Obel said they were happy with court’s decision but were not surprised.
He said the case had been dismissed on both counts of abuse of office and causing financial loss because they were nonstarters an there was no evidence.
“ There cannot be financial loss because 8bn was used to buy the land, the land is still available and net value has risen to 16bn so clearly it would take an ordinary Ugandan to tell that there was no loss whatsoever”, explains Imara in an interview with Daily Monitor.
Mr Imara further explained that all the prosecution witnesses gave evidence that was contrary to the accusations against Mr Obel.
“There couldn’t have been abuse of office when our client during his tenure as NSSF board chairman complied with all the legal procedures. The Insimbe issue was a management issue as attested by management approved by the board and forwarded to the minister who then gave a No objection letter, that is the procedure required by the NSSF Act and it was followed to the later,” he said.
He said they were happy the judge had considered all this and acquitted their client.

SOURCE: Daily Monitor

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