Two officials linked to Emyooga Savings and Credit Cooperative Organisations (SACCOs) have been remanded over allegations of theft and mismanagement of funds under the government wealth creation programme.
Fred Magombe, the chairperson of the Veterans Emyooga SACCO, and Moses Ecrus Zziwa, the secretary of the Welders Emyooga SACCO, appeared before the Entebbe Chief Magistrate’s Court and were charged with offences related to the alleged theft of Emyooga funds.
The two were remanded until July 27, 2026.
The prosecution was jointly handled by the State House Anti-Corruption Unit, Entebbe Police and the Office of the Director of Public Prosecutions.
According to the Anti-Corruption Unit, the suspects are accused of mismanaging and stealing more than Shs100 million that had been disbursed to support members of Emyooga SACCOs in Entebbe Municipality.
Investigators allege that between 2020 and 2025, the accused, together with other suspects still at large, diverted and mismanaged funds meant for several SACCOs operating within the municipality.
The affected groups include the Veterans, Welders, Tailors and Boda Boda Emyooga SACCOs.
The Unit said the alleged diversion of funds denied beneficiaries access to government support intended to improve their livelihoods.
"The two suspects are accused of mismanaging and stealing over Shs100 million intended to help members of Emyooga SACCOs in Entebbe Municipality," the State House Anti-Corruption Unit said.
The Unit added that investigations established that the suspects, together with others still at large, allegedly diverted funds between 2020 and 2025, affecting SACCO members who were expected to benefit from the programme.
The arrests follow a presidential directive that tasked the State House Anti-Corruption Unit with investigating the alleged mismanagement of more than Shs1 billion disbursed to Emyooga SACCOs in Entebbe Municipality.
Emyooga is a government initiative designed to promote wealth and job creation by providing seed capital to organised enterprise groups to support income-generating activities.
The Anti-Corruption Unit said investigations are ongoing, with more arrests expected as authorities continue pursuing other suspects.
The Unit, working alongside Entebbe Police, also said efforts are underway to recover funds suspected to have been misappropriated.
