Home > Teefe Trust Bank
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

Read More
Mutebile appears before Cosase a year ago. Courtesy Photo

Mutebile, BoU Officials Fail to Produce Inventory Report for Closed Teefe Trust Bank

The parliamentary committee on Commissions, Statutory Authorities and State Enterprises (Cosase) has adjourned a meeting with Bank of Uganda officials over Teefe Trust Bank inventory report. Cosase committee chairperson Abdu Katuntu (Bugweri County) pushed the face-off after BoU officials, led by governor Prof Emmanuel Tumusiimwe Mutebile, said they didn't have the

Read More