abdu katuntu

The Minister for Local Government, Hon. Raphael Magyezi, has confirmed that Parliament's guidelines on how to use the Shs1 billion for road maintenance have been sent to all local governments. The government has set aside Shs1 billion…

The Inspector General of Government (IGG) Irene Mulyagonja has asked the Internal Security Organisation (ISO) to investigate members of the COSASE committee of Parliament for soliciting bribes during the recent probe into the irregular sale…

Parliament will not be blackmailed or arm-twisted by any individuals as it considers the Cosase Report on the closed seven banks, the Speaker of Parliament Rebecca Kadaga has said. The speaker said that the House will continue to carry out…

Mubarak Munyagwa, the Kawempe South Member of Parliament has finally assumed the leadership of the Committee on Commissions, Statutory Authorities and State Enterprises-COSASE. He replaces Abdul Katuntu, the Bugweri County MP who was…

The closure of Crane Bank by Bank of Uganda was illegal, this is according to a report by the committee on Commissions, Statutory Authorities and State Enterprises - COSASE. The report indicates that an analysis of the Bank's liquidity…

The Vice Chairperson of the defunct Crane Bank, Dr. Sudhir Ruparelia has demanded that the Central Bank returns the closed bank’s bad loan book which he said is valued at Shs570 billion. Bank of Uganda (BoU) closed Crane bank in November…

Bugweri County Member of Parliament Abdu Katuntu has said that his team is willing to hand over the leadership of the committee on Commissions, Statutory Authorities and State Enterprises (COSASE), as soon as the Speaker guides so. He…

President Yoweri Museveni has expressed concern over the manner in which the Parliamentary Committee on Commissions, Statutory Authorities and State Enterprises (Cosase) is conducting the probe into the country’s Central Bank. The…

Former Executive director in charge of supervision Bank of Uganda (BoU) Justine Bagyenda has for the second time skipped a parliamentary committee session investigating the closure of 7 banks. Bagyenda has since Wednesday last week been…

Former Executive director in charge of supervision  Bank of Uganda (BoU) Justine Bagyenda has skipped a parliamentary committee session investigating the closure of 7 banks. Bagyenda has Wednesday been appearing before the parliamentary…