Atiak Sugar Factory private shareholders have never contributed capital – Auditor General
Atiak Sugar Factory's and M/S Horyal Investment Holding Company's Amina Hersi Moghe
Auditor General John Muwanga has, in his latest report, faulted private shareholders of the Atiak Sugar Factory for failing to provide their capital contribution to the company leaving the burden to the government.
The government owns 40 per cent of the shareholding of M/S Horyal Investment Holding Company (HIHC), the implementing company for Atiak Sugar Factory. The rest of the 60 per cent sha
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