Pension Scam: Oloka Sentenced to Shs 4 Million Fine

David Oloka in court today

The Anti corruption court grade one magistrate Suzanne Okeny has fined former Senior Accounts Assistant in the Ministry of Public service Oloka David who it convicted of embezzling  pension funds totaling to Shs $102108 [about 365million].

Oloka was this afternoon convicted on his own plea of guilt, pills web which he has made in court after being read the charges.

He allegedly withdrew the said amount from Cairo International Bank on Kampala Road to be paid to foreign pensioners, which he failed to account for.

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Prosecution contends that on 27 January 2009, Oloka went to the Bank’s main branch in Kampala with a letter written by the then Principle accountant Christopher Obey requesting the bank to give drafts or cash payments for foreign pensioners.

It is alleged that he signed and received U$ 87434 which he failed to account for. State further alleges that on 27 May 2009, the same person David Oloka returned to Cairo Bank where he again received U$ 87434 which he failed to account for.

Prior to the sentence, Prosecutor Barbrah Kawuma asked court to sentence the convict to a fine, being a first offender who accepted his crime.

Oloka’s guilty plea followed a plea bargaining agreement between him and the office of the Director of Public Prosecution.

According to prosecution, during the plea bargaining, the accused accepted to refund the $102108 which had been embezzled to the government through account number 003300148000037 in Bank of Uganda and an additional of $8000.

“As a result of proof to the above payment, the DPP’s office was availed with all payment vouchers on which the payments were made” Kawuma submitted before proceeding to present a document containing the Plea Bargaining agreement with a signature of the DPP Michael Chibita, The convict David Oloka and his lawyers.

The defense counsel Nathan Osinde asked court for a lenient sentence because the accused is in his advanced age [62] is the sole bread winner of his family and he is diabetic.

The magistrate hence sentenced the convict to pay a fine Shs of 4.6 million or to serve a one year imprisonment sentence.

Oloka was seen heading to be bank to retrieve the cash.


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