9/7/2026
Two SACCO bosses have been remanded over alleged theft of Emyooga funds.
The duo; Magombe Fred, Chairperson of the Veterans Emyooga SACCO, and Ecrus Zziwa Moses, Secretary of the Welders Emyooga SACCO, appeared before Entebbe Chief Magistrate’s Court today, Thursday, July 9, 2026.
According to the State House Anti-Corruption Unit, the two who were charged with theft of Emyooga funds were remanded until 27th July, 2026.
The two suspects are accused of mismanaging and stealing over Shs100 million intended to help members of Emyooga SACCOs in Entebbe Municipality.
Investigations revealed that between 2020 and 2025, the accused, along with others still at large, allegedly diverted and mismanaged funds meant for several Emyooga SACCOs, including the Veterans, Welders, Tailors, and Boda Boda SACCOs. This denied beneficiaries access to government funds meant to improve their livelihoods.
This followed a Presidential directive to the Unit to look into the alleged mismanagement of over Shs1 billion disbursed to Emyooga SACCOs in Entebbe Municipality under the Emyooga Program, a presidential initiative on wealth and job creation that provides seed capital to skilled, enterprise groups.
State House Anti-Corruption Unit says investigations are ongoing, and more arrests are expected.
“The Unit, working closely with Entebbe Police, is also working to recover the misappropriated funds,” reads the statement in part.
