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President Museveni needs 140 years to refund Shs6b “handshake cash” with his Shs3.5m salary

Matooke Republic by Matooke Republic
April 28, 2017
in Featured Stories, News
Reading Time: 1 min read
FILE - In this Wednesday, July 11, 2012 file photo, Ugandan President Yoweri Museveni speaks during the London Summit on Family Planning organized by the UK Government and the Bill & Melinda Gates Foundation with the United Nations Population Fund, in central London. Uganda's president Yoweri Museveni is expected to sign Monday, Feb. 24, 2014 a controversial anti-gay bill that allows harsh penalties for homosexual offenses, a bill which rights groups have condemned as draconian in a country where homosexuality is already illegal. (AP Photo/Carl Court, File, Pool)

FILE - In this Wednesday, July 11, 2012 file photo, Ugandan President Yoweri Museveni speaks during the London Summit on Family Planning organized by the UK Government and the Bill & Melinda Gates Foundation with the United Nations Population Fund, in central London. Uganda's president Yoweri Museveni is expected to sign Monday, Feb. 24, 2014 a controversial anti-gay bill that allows harsh penalties for homosexual offenses, a bill which rights groups have condemned as draconian in a country where homosexuality is already illegal. (AP Photo/Carl Court, File, Pool)

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Women lie, men lie but numbers don’t. If President Museveni plans on using his reported monthly Shs3.5m salary to refund the Shs6b “Presidential handshake cash”, it will take him atleast more 140 years. 

Yes, it will take a century and another close to half a century to refund if he plans to use the monthly salary. That means the President Museveni who is 73 years of age will be 213 years!

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With simple mathematics, Shs3.5m salary takes 1,714 months (142 years) to accumulate to Shs6b.



It was reported that the President faulted ex-AG Fred Ruhindi for not advising him on the “handshake”. He stated that the “presidential handshake” was a mistake and promised to refund the money.

The option of refunding the money remains unknown.

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