Parliament has directed the Uganda Police Forces’ Exodus Savings and Credit Cooperative (SACCO) to stop mandatory deduction of personnel salaries as savings.
The Committee on Defence and Internal Affairs discovered that the SACCO’s management is violating the Cooperatives Societies Act by denying them the option of voluntary saving.
This was contained in the committee’s report on the inquiry into the operations of the Uganda Police Force Exodus SACCO that was presented by the chairperson, Hon. Wilson Kajwengye, during plenary sitting on Tuesday, 13 February 2024.
“The committee reiterates that the Registrar of Cooperatives Societies proceeds over the SACCO under Section 2 (2) of the Cooperatives Societies Act and immediately stops mandatory deductions on officers’ salaries and contributions for members’ savings until a comprehensive membership register is compiled on the condition that only willing members are registered,” said Kajwengye.