menu

Mobile Search

You are here

You are here

Added: 1 month 1 week ago
4,784 Views

Share this story

Former NSSF MD David Jamwa's judgement was written in 2015 - Judge reveals
Before reading the court's judgement, Justice Kenneth Kakuru explained that this judgment was ready by September 2015, but when it was sent to former deputy chief justice Steven Kavuma, he neither signed it as the judge who headed the panel nor did he set a date for its delivery until at a time of his retirement.
former NSSF managing director David Chandi Jamwa

Former NSSF managing director David Chandi Jamwa (Monitor Photo)

On Monday morning, the court of appeal confirmed the 12-year jail term that was handed to former NSSF managing director David Chandi Jamwa in 2011 by the Anti-corruption court for causing NSSF a 3.1 billion shillings loss.

Consequently, Jamwa who has been out for  6 years has had his bail cancelled and returned to Luzira prison to start on his journey to serve the 12 years.

In the majority judgement of justices Rubby Opio Aweri and Kenneth Kakuru, Jamwa has also been convicted of Abuse of office a charge for which he had been acquitted of by the Anti-corruption court.

The Court of Appeal has now sentenced him to serve a  4 years imprisonment term which will run concurrently with the 12-year jail term.

 

The 2 justices declined to tamper with Jamwa's sentence explaining that they found no reason to interfere with the discretion of now-retired trial judge John Bosco Katutsi who acted within the law.

 

They also argued that they could not reduce Jamwa's sentence since he never complained of its harshness or excessiveness.

 

Jamwa was in  February 2011  convicted of Causing NSSF a 3 .1 billion shillings loss in pre-mature NSSF bonds that he sold to a commercial Bank (Crane Bank) during his tenure of office in 2007.

 

The court ruled that had the bonds been left to mature in the remaining 3 weeks, they would fetch a whopping 39 billion shillings for NSSF contrary to the 36 bn shillings that they were sold.

 

However, before reading the court's judgement, Justice Kenneth Kakuru explained that this judgment was ready by September 2015 but when it was sent to former deputy chief justice Steven Kavuma, he neither signed it as the judge who headed the panel nor did he set a date for its delivery until at a time of his retirement.

 

justice Kakuru also explained that in criminal matters court needs to come up with one majority judgement, and it's not mandatory for a dissenting judge to sign or write a ruling.

The judge, however, advised Jamwa that this is not the last appellant court for him and that he may go to the Supreme court if he feels dissatisfied with the ruling.