UGANDA, Luwero | Real Muloodi News | Richard Mukasa, a former head teacher of Wobulenzi Public Primary School in Wobulenzi Town Council, has been arrested by police in Luwero District for allegedly using the school’s land titles to obtain a loan of 100 million shillings from Equity Bank in 2019.
The school is a government institution located in Wobulenzi Town Council, Luweero District.
According to Patrick Lule, the acting Savannah Regional Police spokesperson, preliminary investigations show that Mr Mukasa applied for the loan while he was still the head teacher of the school, and presented the school’s land titles as security.
Shortly after acquiring the loan, Mr Mukasa retired. His successor inherited the loan and continued the loan’s servicing.
Police Investigation
The police have launched an investigation into how the loan was used, as this information is still unclear.
The new headteacher transferred the burden of servicing the loan to the parents on top of their school fees, who protested against it since they were unaware of what the money was used for.
The frustrated parents reported the matter to Richard Bwabye, the Luwero Resident District Commissioner (RDC), who directed the police to find Mr Mukasa.
Mr Mukasa has since been arrested. As of the time of his arrest, only 41 million shillings had been paid on the loan. Lule revealed that Mukasa faces charges of abuse of office.
The parents are still struggling to know what the loan was used for, and the police are working to uncover the truth.
READ MORE LIKE THIS:
Court Orders Absa Bank to Return Illegally Sold School Property
School Wall Collapses, Killing 3 Pupils and Injuring Several Others
Hezekiah Mukiibi, Majoline School Proprietor Detained and Charged
