bank of uganda

Five directors at Bank of Uganda have been arrested by the State House Anti-Corruption Unit in an ongoing crack on corruption in government agencies. The move to arrest the five was informed by a whistleblower who informed the unit about…

A section of Members of Parliament has called for the immediate dismissal of Central Bank Governor Emmanuel Tumusiime Mutebile and his Deputy Louis Kasekende for failing to execute their mandate in the running the banking sector. The…

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…

Members of Parliament in the Committee of Commissions, Statutory Authority and State Enterprises (COSASE) have asked Bank of Uganda Deputy Governor Louis Kasekende and former Executive Director in charge of Supervision Justine Bagyenda to…

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…

By Norbert Mao Once again Bank of Uganda is in the vortex of controversy. The stench of scandal hovers over Uganda’s Central Bank. Last year, the Bank was accused of spending millions of dollars in questionable procurements. The case of…

The former Bank of Uganda Executive Director in charge of Supervision has today morning reported at Parliament to appear before the Committee on Commissions, Statutory Authorities and State Enterprises (Cosase). The committee is currently…

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…

Bank of Uganda (BoU) top officials yesterday asked for more time to present documentary evidence regarding the closure of 7 banks under probe. Led by Governor Emmanuel Mutebile and Deputy Louis Kasekende, the BoU officials appeared…