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PPDA exposes Shs 2bn printing scandal in Kyambogo
['Our Reporter', 'Equity Bank Uganda']
The Observer
It found that Kyambogo had paid Shs 2.26 billion for black-and-white printing services whose actual value was about Shs 1.42 billion.
For colour printing, the university paid Shs 2.23 billion for services valued at about Shs 1.02 billion, resulting in excess payments of Shs 1.21 billion.
In total, PPDA said the university paid about Shs 4.53 billion against contracted minimum volumes, although the printing services actually consumed were worth about Shs 2.49 billion.
The difference, Shs 2.04 billion, was classified by the authority as a financial loss arising from what it called unfavourable contractual terms.
The PPDA report, however, agreed that the renewal breached procurement rules.