Parliament is Special Sitting over Airline Ownership

Parliament is today having a special sitting to verify whether government has 100% shares in Uganda Airlines contrary to earlier reports that were indicating that 99% of the total shares are owned by an individual.

The special sitting is called by clerk to parliament, Jane Kibirige slated for today 10am,after parliament in yesterday's sitting did not get a report from the budget committee as requested.

The New Uganda Airlines plane

The sitting is fixed because if government fails to beat the deadline of 29th march to the payment for funds meant for the two Bombardier jets to be used by Uganda National Airlines will incur costs.

The Minister of Works Azuba Ntege earlier said that the two bombardier jets are ready for delivery and the only delay has come from the failure to pay the deposit payments and failure to meet the renegotiated agreement, it will mean Uganda will have to incur costs of insurance, parking fees as the planes lie idle with the manufacturer ahead of their delivery.

Yesterday, parliament was adjourned before the committee presented the required report which parliament should have based on to approval 280 billion shillings to clear the deposit payments for the two Bombardier jets .

Parliament verification of ownership of shares was needed since the opposition minority report alleged that whereas the share capital of Uganda National Airlines Company Limited is 2 million shares , only 2 shares worth 200 million shillings is owned by Minister of Works and Transport as well as Ministry of Finance, Planning and Economic Development.

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