News reaching our editorial desks indicate that Henry Byansi, the Nkumba University guild president will be spending a night in police cells after being arrested this evening.
According to our sources at the Entebbe based University, Byansi is being charged for mismanaging funds to the tune of shs12.5m which were given to his cabinet to cater for the Mr & Ms Nkumba event and the bazaar for this academic year.
“He was given shs16m for the Mr and Ms Nkumba event but released only shs3.5m, ” our impeccable sources revealed.
He adds that money to a tune of shs8m, which was meant to go to the preparations of the Freshers Ball and Trade Bazaar also went missing and has since not been accounted for.
Byansi was arrested this evening and forced to write a resignation letter while handcuffed.
We shall keep you posted.
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