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EXCLUSIVE: Barya Reveals How UTAMU Has Been Evading Taxes

Prof. Venansius Baryamureeba has revealed shocking secrets how his own University-Uganda Technology and Management University (UTAMU) has been evading taxes, Business Focus exclusively reports.

In a letter dated August18, 2017 addressed to the Secretary, the Institute of Certified Public Accountants of Uganda (ICPAU), Baryamureeba a.k.a Barya, the Chairperson, Board of Trustees/Directors at UTAMU reveals how the University has been portrayed as a loss making institution and in the process   evading taxes.

The flamboyant Professor logged his complaint to ICPAU, questioning the professionalism of Baker Ssekito, a member of ICPAU and an accountant of UTAMU. He was asking the accountants’ body to investigate his academic background and CPA (U) certificate that he holds.

Baryamureeba’s letter to ICPAU

Barya, who is vying to replace Prof. Ddumba Ssentamu as Makerere University’s next Vice Chancellor, accuses Ssekito of accounting fraud and professional misconduct.

Others in the tight race are Prof. Barnabas Nawangwe and Prof.  Edward Kirumira.

In the letter, Barya shows how Ssekito in his own email dated July7, 2016 has been committing “accounting fraud to evade taxes and cause government a financial loss to the tune of over Shs400m.”

Barya’s letter showing tax evasion at UTAMU

“I have concealed over Shs400m in taxes since UTAMU started by providing alternatives an act not allowed by a professional of my type,” Baryamureeba quotes Ssekito from the email he sent on the date above.

However, insiders at UTAMU say that the former presidential aspirant fell out with his partners at the University that was founded in 2013 after his exit from Makerere University. They say the letter was written in anger after he was expelled from the University he founded-for he was allegedly contributing to its downfall.

Having less powers at UTAMU due to his  fallout with partners is apparently a big factor why he wants to return to the ivory tower of Africa- Makerere University.

Part of Barya’s letter to ICPAU

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