Thread by @sdkafeero

Uganda's Security Minister Jim Muhwezi owned and held shares in two shell companies according to the #PandoraPapers #PandoraLeaks. In February 2015, Muhwezi became one of three shareholders of the British Virgin Islands company Audley Holdings Ltd. 1/

The company’s directors authorized it to manage bank accounts in Europe. In 2015, an Israeli businessman sued Muhwezi’s co-shareholders in a Ugandan court, disputing the transfer of shares in a similarly-named company, Audley Ltd, which owns two casinos in Uganda.2/

Regulators closed Audley Holdings Ltd. in 2016 for failing to pay registration fees. But in 2018, the Panamanian law firm Alcogal, which set up the company, reported Audley Holdings and its shareholders, including Muhwezi, to BVI regulators in a suspicious...3/

...activity report after a database search revealed the eleven-year-old embezzlement allegations against him. Alcogal told regulators it resigned as the BVI’s company’s registered agent. 4/

Muhwezi also owned Sukari Loma Investment Holdings Ltd, created in Cyprus in 2013 through the offshore provider SFM. The company provided “financial services,” Muhwezi wrote on a signed beneficial owner statement, adding that its funds came from “salary savings”...5/

....and his hotel and radio stations. It was closed in 2015.
When contacted by an ICIJ reporter, Muhwezi said, “I don’t know what you are talking about and I can’t make any reply.
projects.icij.org/investigations… 6/ #PandoraLeaks
#PandoraPapers

For some background, related or not, Gen Muhwezi has previously been sacked and censured by @Parliament_Ug for abuse of office, influence-peddling, failure to account for his massive wealth, and flouting the army’s rules 7/

Currently, he is taking the lead on the Uganda govt controversial “intelligent transport monitoring systems”, a 10-year surveillance deal to a Russian company, Joint Stock Company Global Security, with a history of debt issues. qz.com/africa/2043622… 8/

Finally, this is an excerpt from a report that was recently published by @Fromagehomme and others on the "Shadow State" in Museveni's Uganda. Its available on online for free. Read it 9/