{UAH} INNOVATION IN INSURANCE TO RECOVER EMBEZZLED MONEY

Brothers and Sisters,

Once again please find below another submission towards the Peoples' 2016 Manifesto for your value addition and debate; as an innovation the ideas therein might look difficult to grasp but I am sure the Insurance Regulatory Authority of Uganda (IRA) might provide the necessary professional guidance when required; in addition any legislative policy changes directed at the insurance industry resulting from this innovation might become a business opportunity that will create more premium and jobs for the sector. Just last week the CEO of IRA, Al Haji Kaddunabbi Lubega said that, "the insurance potential in the country is still untapped".

During the State-of-the-Nation address of 2nd June 2010 President Museveni commited himself to end corruption and embezzlement of public funds by suggesting that the corrupt should be tried by court martial; he made these harsh sentiments to fight corruption and embezzlement in barely less than two months after he had signed the Whistleblowers Protection Act on 22nd April 2010.

MORE AT: http://ugandansatheart.org/2015/03/17/innovation-in-insurance-to-recover-embezzled-money/

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Abbey Kibirige  Semuwemba

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