Bemanya Twebaze though not commonly a public figure is working with the Uganda Registration Services Bureau’s and seems to have dipped himself in hot soup because of nepotism and tribal favoritism after he fell out with Northern Uganda Youth Minister Evelyn Anite.
Having been called to attend a cabinet meeting by the President On last year with Junior Finance Minister Evelyne Anite (for investment), and Justice and Constitutional Affairs minister, Gen Kahinda Otafiire to discuss the status of the the limping Uganda Telecom Limited.
Being the receiver of collapsing government parastatals, Mr Bemwanya was naturally the first to take cue when the item was called by the chair.
A source who attended the meeting said he started off by thanking the President “for leading and steering the country with such tremendous competence.”
Then, as he settled into explaining why the UTL issues are not being sorted out as first as it was expected, Mr Bemanya started pushing the blame on the hysterical Anite saying she was some kind of a stumbling block for the process.
Before he could even finish, Minister Anite shot up and accused him of having receiving a bribe from one of the investors interested in having a piece of the UTL cake.
“Your Excellence Mr Bemanya is not being honest with the truth but let me help him say it so that he is set free,” a source quotes Anite to have started her missive.
“He got a bribe from one of the investors and he called me that we share and I quicken the process but me I refused and since that day he and his investors now hate me. He is now here trying to portray me as the one failing the project,” she said and fell back in her seat.
There was a little bit of silence. Bemanya blankly stared in space with no come back. Just as he was mustering courage to stand probably respond to what had been said, the President, our source said, cleared his voice, picked up his pen and said, as he scribbled in his notebook,
“Well, that is a serious allegation and we shall not leave it hanging. We need to have it investigated and if it is true, corrective steps should be taken.”
For months , Mr Bemanya was safe. He was to make a defense before the investigating team and depending on the findings, he was either to lose his job or stay.
Now the current report from the struggling entity show that the Ugandan government has returned to the market in search for investors to take up the financially struggling Uganda Telecommunications Limited (UTL).
This closely comes immedaitely after Taleology Holdings, the investor selected by the UTL administrator, Bemanya Twebaze, turned out to be “very broke,” according to State Minister in charge of Privatization, Evelyne Anite.
According to Anite “Taleology won the bid. We asked them to commit funds, at least 10 percent of $70m which they intended to invest in UTL but nothing was put on the table. It was just hot air,” .
In May, a Mauritius firm that was among the first to bid to be given UTL came out accusing Minister Anite of throwing a spanner in the bidding process that should have produced the best bidder.
In a controversial and contested bidding process, Taleology Holdings ‘floored’ Mauritius Telecom, which is owned by the Mauritius government, after staking $71m.
Mauritius Telecom had committed to raise $45m for 69% shares in UTL while the rest would be owned by government.
Anite said her warning against handing over UTL to Taleology and Hamilton Telecom, which was being fronted by Bemanya, was ignored.
“The one of the companies fronted by Bemanya was worse. The Financial Intelligence Authority (FIA) report said Hamilton was not only broke but lacked proper book of accounts. They were just gamblers,” charged Anite.
The FIA said Hamilton’s operational book accounts revealed that all the funds to the company were originating from its owner John Kamya, adding, “It is risky for government to engage this company as a strategic investor.”
Bemanya, who is the Registrar General and Official Receiver, Uganda Registration Services Bureau (URSB), was in April 2017 appointed Administrator with powers to look for an investor/business partner to recapitalise and operate UTL business.
Bemanya was as well tasked with selling and transferring any property of the company in piece-meal or as a whole and use the proceeds to settle creditors’ claims.
The firm said the minister brought in two new firms that did not participate in the four rounds of the bidding process and wanted them to be included.
The Mauritius firm argued that by bringing the two firms at the last minute and therefore weakening their chance of getting the deal, Anite had usurped the powers of the Provisional Administrator Bemanya Twebaze who is also the executive director of the Uganda Registration Services Bureau.
UTL went into receivership effective April 28, 2017, following its heavy indebtedness amounting to Shs533 billion.