These include sh36.8m paid to Kaddunabbi as leave allowance, sh87.2m paid as compensation for leave not taken, and sh57.4m linked to travel allowances for activities of the Africa Reinsurance Corporation. A forensic audit commissioned by the Auditor General has raised serious concerns about financial and administrative practices at the Insurance Regulatory Authority (IRA), placing former […]
“The Board is confident that Dr. Sande’s expertise, leadership and institutional knowledge will ensure effective leadership at the Authority, maintain stability and steer the growth of the insurance sector during the transition period,” the statement said. The Board of Directors of the Insurance Regulatory Authority (IRA) has appointed Dr. Protazio Sande as the Acting Chief […]
In his court filings, Kaddunabbi argues that the process leading to the Board’s decision was unfair and failed to accord him procedural justice. Former Insurance Regulatory Authority (IRA) Chief Executive Officer Ibrahim Kaddunabbi Lubega has taken legal action against the regulator, challenging the decision not to renew his contract after serving at the helm of […]