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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

Samuel Kamugisha BUSINESS, CRIME & INVESTIGATION, Editor Picks, Main Story, NATIONAL, POLITICS

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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Bank of Uganda building in Kampala. Courtesy Photo

List: Here are BoU Officials Whose Wealth is Being Investigated by IGG

The Tower Post BUSINESS, CRIME & INVESTIGATION, Main Story, NATIONAL

The inspector general of government (IGG) Irene Mulyagonja is investigating how over 50 Bank of Uganda (BoU) officials acquired their wealth. The investigation is being done in line with the Leadership Code Act 2002. The controversial sale of Crane Bank put BoU in the spotlight, with its director of supervision Justine Bagyenda’s

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