Da Dona
JF-Expert Member
- Dec 16, 2025
- 1,135
- 645
VIDEO:
Buzaaya County MP Mugabi Muzaale Martin Kisule has questioned investment deals where the government provides most of the capital but receives a small share of ownership.
Speaking in Parliament on October 7, Kisule cited an example where the government could invest up to Shs100 billion, while a private investor contributes about Shs5 billion but gets the majority of the shares.
He said the government could end up with as little as 5 percent ownership despite providing most of the funding.
“This is not realistic,” Kisule said, calling for closer scrutiny of such investment arrangements to ensure public funds deliver value to taxpayers.
Video by parliamentary watch.
Buzaaya County MP Mugabi Muzaale Martin Kisule has questioned investment deals where the government provides most of the capital but receives a small share of ownership.
Speaking in Parliament on October 7, Kisule cited an example where the government could invest up to Shs100 billion, while a private investor contributes about Shs5 billion but gets the majority of the shares.
He said the government could end up with as little as 5 percent ownership despite providing most of the funding.
“This is not realistic,” Kisule said, calling for closer scrutiny of such investment arrangements to ensure public funds deliver value to taxpayers.
Video by parliamentary watch.
