
KAMPALA – Uganda Investment Authority (UIA) has terminated the contract of interdicted executive director Jolly Kaguhangire with immediate effect.
Mr Emely Kugonza, the UIA chairman, in a letter dated October 26, informed Ms Kaguhangire of the board’s decision that had been reached in a special sitting.
“The board [UIA] has resolved in a special meeting of October 26, 2018 to terminate your employment contract as executive director with immediate effect,” the letter reads in part.
The decision, according to the letter, had been reached based on findings of an independent investigation that was conducted by a six-member committee.
UIA Board in June this year interdicted Ms Kaguhangire pending findings of investigations into alleged misuse of office, gross insubordination, incompetence, concealment, misinformation, lying to the board, defiance and misconduct of interdiction and several others.
However, investigations, according to the letter, found her culpable of the above leading to the decision to fire her.

“All the above amount to gross misconduct in line with section 922 of the Human Resource manual. I, therefore, inform you that your employment as Uganda Investment Authority executive director is hereby terminated with immediate effect,” the letter said.
In a brief text, he said Mr. Basil Ajer, who has been acting executive director, wI’ll continue to hold the position until further notice.
However, Ms Kaguhangire refused to comment on the matter but according to Daily Monitor, she was not aware of any decision by UIA to fire her.
She was also quoted saying that no letter in that regard had been brought to her attention, adding that the termination, if true, would not be appropriate because none of the grounds for which she was interdicted would call for her firing.
“There are strong grounds for someone to be fired, which I do not think would be appropriate for me. I cannot imagine such,” she was also quoted saying.
It is not clear whether the embattled Kaguhangire will respect the board’s decision to leave office.
On previous attempts to getting her out the office, Kaguhangire declined to vacate office on grounds that the board’s decision was not valid.