The Insurance Regulatory Authority of Uganda (IRA) and its former board chairperson, Dr Isaac Nkote Nabeta, have asked the High court to dismiss a judicial review application filed by outgoing chief executive officer Ibrahim Kaddunabbi Lubega. The respondents argue that the application has been overtaken by events following the expiry of Kaddunabbi’s contract and the appointment of a new acting …
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IRA IN THE DOCK! Lubega’s Long Reign Faces Fresh Scrutiny as Probe Digs Ghost Billions Spent Without Approval, Missing Policyholders’ Fund
Kampala — Uganda’s insurance watchdog is under intense scrutiny after a blistering audit report exposed financial irregularities, governance gaps and failure to implement key consumer protection mechanisms, raising tough questions about leadership at the regulator. The explosive findings contained in the latest report by the Office of the Auditor General of Uganda have placed the Insurance Regulatory Authority of Uganda …
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