IGG: The corrupt conceal wealth in names of their children
The Inspector General of Government, Irene Mulyagonja has revealed that many corrupt people usually conceal their ill-gotten wealth in the names of their children making it hard to be traced.
The Inspectorate of Government is charged with the responsibility of fighting corruption and abuse of public office.
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"Unless someone comes up and reports a case so that we start the investigation, assets being put in the names of young kids below 9 years are hard to trace," Mulyagonja.
She said that such wealth is also hard to tax which impacts negatively on revenue collection from the Uganda Revenue Authority (URA).
Doris Akol, the commissioner general of URA, said they are working together with the IG to bridge this gap.
"We fail to trace such people who even tend to evade taxes yet as an agency we have a target and now we are trying to find means of how all taxes can be brought into the government coffers," she said.
The two organisations signed an MoU to work together to track illicit wealth.
In the MoU, the two organisations are mandated to work together when it comes to sharing information on corruption and tax evasion.
Recently the IGG listed the 80 most corrupt government agencies.
