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Bank of Uganda Governor Emmanuel Tumusiime Mutebile and his deputy Louis Kasekende. Photo by Alex Esagala

FULL BRIEFING: Cosase BoU Probe Report’s Key Findings and Recommendations

Parliament’s Committee on Statutory Authorities and State Enterprises (Cosase) has released its report on closure and sale of seven commercial banks by Bank of Uganda (BoU). The report is from months of a follow-up probe on a special audit report by the auditor general on the sale of defunct banks. The seven

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I Only Took My Plates and Other Personal Materials from BoU – Bagyenda

Former Bank of Uganda Executive Director in charge of supervision Justine Bgyenda has finally admitted that she carried some bags and documents from Bank of Uganda (BoU) premises. Bagyenda made the admission during a hearing of the Committee on Commissions, Statutory Authority and State Enterprises (COSASE) in the parliamentary probe into

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PHOTOS: MPs Grill Mutebile, Kasekende Over Sale of Commercial Banks

Bank of Uganda governor Prof. Emmanuel Tumusiime Mutebile together with his deputy Louis Kasekende are today appearing before the parliamentary Committee on Commissions, State Authorities and State Enterprises (COSASE), to answer for the irregularities in the sale of commercial banks. The irregularities were cited in the Auditor General’s report which indicated that

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