Wednesday, March 23, 2011
NANKABIRWA TELLING LIES ABOUT MONEY TO MARKETS IN KAMPALA
Ruth Nankabirwa the Minister in charge of Micro Finance is good at telling lies! She now tells us that the traders or market people in Kampala are to pay back the monies they are getting 'bribes'! It is not clear whether Nankabirwa prior to being appointed Minister in charge of Micro finance had any training on matters to do with credit, because she seems to be talking from a very uninformed position. It is a fool who will get money wen he/she does not know whether he/she is to pay back. Nankabirwa forgets that some news reports had it that the President was to spend up to shs 20bn to win over Buganda. The traders whose complaints have been brought live on radio clearly say that the President promised them that money. And all who work in those markets were to have their names down.
To educate Nankabirwa a bit, under normal circumstances, a client approaches the financial institution and puts forward his case for which he/she needs the money. Discussions take place and the terms for paying back such money are established as well as references etc. Now, all these stages were not undertaken according to the information and those who received the money clearly say that his is a donation.
How then does Nankabirwa hope to recovery from people who received the money knowing very well that it was a bribe from the President?
Ruth Nankabirwa is a Ugandan politician. She is the State Minister for Microfinance in Uganda. She assumed that position on February 16, 2009.
Ruth Nankabirwa was born on November 28, 1965. She hails from Kiboga District in central Uganda. She holds a Bachelor of Arts degree in Fine Art from Makerere University. She is currently enrolled in a Master of Arts degree course in Conflict Studies.
From 1994 through 1995, she served as a delegate to the Constituent Assembly. In 1996, Ruth Nankabirwa was elected to serve as the member of parliament for Woman Delegate for Kiboga District. She holds that position up to today. From 1998 through 2001, she served as Minister of State for Luweero Triangle in the Office of the Prime Minister. Between 2001 and 2009, she served as Minister of State for Defense, a post she held until she was appointed to her present post.