For executing shoddy construction works on the Bank of Uganda (BoU) Currency Centre in Kabale, Kigezi sub-region, Pearl Construction Company is likely to be blacklisted from taking on any other construction work for government if recommendations of Parliament are implemented. This comes after Parliament approved a report of the Committee on Commissions, Statutory Authorities and State Enterprises (COSASE) on the audited accounts of Bank of Uganda in the Financial Year 2014/2015. COSASE led by Kawempe South MP Mubarak Munyagwa found that the Central bank made a loss of UGX12 billion to procure Roko Construction Company to renovate the work on…
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