GOVT LOSES OVER SHS40B ANNUALLY IN LAND EVALUATION FRAUDS
Government loses over Shs 40b annually in land evaluation frauds, chief government valuers have revealed.
While attending the valuers three-day training by the Ministry of Lands at rider’s hotel Mukono yesterday, Chief valuer Gilbert Kermundu said that negligence in land valuations has led to a reduction in the generation of taxable and non-taxable revenue.
He added that also the delay in attainment of land for government projects by project- affected people was causing loses.
The Lands Minister Betty Kamya directed that public valuers save the government from incurring the high compensation costs as a result of fraudulent exorbitant land evaluations.
She said the department must be strengthened since it plays a strategic role in the development of the country.
Kamya explained that the loses were not only attributed to lack of national valuation standards and guidelines but also negligence and deliberate connivance to defraud the Government.
She also revealed that government was in final stages of enactment of the law that would effectively streamline property valuation as a stop-gap measure to mitigate losses and conflicts in evaluation.