The valuation exercise is part of a wider strategy by the Inspectorate of Government to identify, seize, and dispose of illegally acquired properties, with proceeds expected to be returned to the public coffers.
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The Inspector General of Government (IGG), Lady Justice Naluzze Aisha Batala, has launched the valuation process of 17 properties recovered from corrupt public officials, marking a significant step in government efforts to reclaim stolen public resources.
Lady Justice Naluzze on Wednesday morning conducted a site visit to one of the forfeited properties located in Kitende along Entebbe Road in Wakiso District. The property, which previously belonged to a former staff member of the Uganda National Roads Authority (UNRA), is among those being assessed by the Chief Government Valuer to determine their reserve price ahead of disposal.
Investigations by the IGG established that the former official had underdeclared assets worth sh1.6 billion. In lieu of prosecution, the official surrendered a property comprising ten apartments on Busiro Block 383, Plot 9726 in Kitende.
The apartments currently generate a monthly income of sh7 million, which is remitted to the IGG Asset Recovery Account held at the Bank of Uganda.
Speaking during the visit, Lady Justice Naluzze commended investigators for their efforts in tracing and recovering illicitly acquired assets. She emphasized that the Inspectorate would continue pursuing more properties linked to corruption as part of its broader mandate.
“This demonstrates our continued commitment to eliminating corruption through asset tracing and financial profiling. We shall not relent in ensuring that stolen public funds are recovered,” she said.
The valuation exercise is part of a wider strategy by the Inspectorate of Government to identify, seize, and dispose of illegally acquired properties, with proceeds expected to be returned to the public coffers.
Of the 17 properties recovered so far, five are developed and currently generating rental income, while 12 remain undeveloped. All the properties are being managed by Knight Frank on behalf of the Inspectorate of Government.
Officials say the recoveries, achieved through court orders, forfeitures in lieu of prosecution, and investigations, highlight the Inspectorate’s growing capacity to handle high-profile corruption cases.
The IGG noted that these efforts should reassure the public that the fight against corruption remains active and impactful, as the government intensifies measures to hold errant officials accountable and recover misappropriated resources.
