Katuntu Led COSASE Will Complete BoU Probe Before Handing Over – Kadaga

The Speaker of Parliament Rebecca Kadaga has insisted that Bugweri County MP Abdu Katuntu will serve as chairperson of COSASE until the end of the committee probing into the closure of several commercial banks by Central Bank.

This follows disagreements over proposed changes of the committee on Commissions, Statutory Authorities and State Enterprises (COSASE) leadership, with the leader of opposition Ms Betty Aol Ochan rejecting all proposals to extend the tenure to allow members led by Kawempe South Member of Parliament Mubarak Munyagwa take over.

Kadaga said at a press conference at Parliament on Thursday that Ms Aol was in a difficult position, without any chances of implementing what she tells the media.

“I am the speaker of the House, I am the head of this institution and my proposal is good for the institution,” Ms Kadaga said.

“COSASE is winding up on the BoU investigation. We expect them to write a report and hand it over to the House before they move,” Kadaga added.

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