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Home BUSINESS Standard Chartered Bank Speaks on Edith Kasekende Wealth Report
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Standard Chartered Bank Speaks on Edith Kasekende Wealth Report

By
Marion Ayebazibwe
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October 20, 2018
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    Louis and Edith Kasekende
    Louis and Edith Kasekende
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    Standard Chartered Bank has cleared the air around the a bank statement reportedly belonging to Edith Kasekende, wife to central bank deputy governor. 

    The ‘leaked’ statement follows that of a wealth declaration form showing how rich Louis Kasekende, and his wife are — multi-billionaires.

    Some of the leaked Edith Kasekende bank account details
    Some of the leaked Edith Kasekende bank account details

     

    Inspector General of Government Irene Mulyagonja is investigating the wealth of top Bank of Uganda (BoU) officials including Kasekende and governor Emmanuel Tumusiime Mutebile.

     

    Document: Bank of Uganda Deputy Governor Louis Kasekende’s Wealth Exposed

     

    But in a statement issued by bank CEO Albert Saltson,  “the purported statement  is fictitious and does not reflect the account of our customer [Edith Kasekende]”.

    Louis Kasekende Nsubuga
    Louis Kasekende Nsubuga

     

    “We would also like to clarify that this statement [said to belong to Edith Kasekende] did not originate from Standard Chartered Bank Uganda Limited,” clarified Saltson.

    Saltson also assured Standard Chartered Bank customers of confidentiality and ethical handling of their data.

    “We would like to assure our esteemed customers and stakeholders that we have strong and robust structures designed to protect their interests,” continued Saltson.

    “Our employees also adhere and comply with our internal processes and procedures on customer data confidentiality.”

    Standard Chartered Bank Disowns Edith Kasekende wealth statement
    Standard Chartered Bank Disowns Edith Kasekende wealth statement

     

    He added: “For over 105 years in Uganda, Standard Chartered Bank has been steadfast in doing ethical business and remains committed to upholding both local and international policies and laws including customer data confidentiality.”

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