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PM Nabbanja and Post Bank To Recover Over Ugx 240M wrongfully sent to Beneficiaries of Covid-19 Relief Fund

PostBank has said it is in the process recoveri ng at least Shs242.2m that was wrongfully sent to beneficiaries of the Covid Relief Fund.
The yet to be recovered money, which represents at least 0.56 per cent of the total payments, is part of the Shs601m that was wrongfully sent as double payments to at least 6,011 beneficiaries.
Government recently entered into a tripartite arrangement under the Ministry of Gender, Labour and Social Development together with telecoms, in which it sought to remit at least Shs100,000 to 501,107 households under the Covid Relief Fund.
To date, PostBank, which is the principle remitter, has paid at least 415,574 beneficiaries spread across the country out of the targeted 501,107 households.
At least Shs42.56b has, according to Postbank has so far been paid out.
In a Wednesday statement, Ms Doreen Nyiramugisha, the PostBak head marketing and communications said the double payment was a single incident relating to a batch upload file, which the bank had quickly identified before alerting Airtel about the duplication.
“To date, more than 60 per cent has been recovered and the outstanding amount is Shs242.19m [0.56 per cent of total payments],” she said, noting that the full recovery of wrongfully remitted money was being resolved and “all intended beneficiaries will be paid as per the future instructions”.
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