Latest Posts

Currency Saga:Three BOU Officials Granted Bail

BOU officials at Anti Corruption court .Photo by NTV

Three Bank of Uganda officials on cortuption offenses have been released on bail by Ant corruption court grade one magistrate AbertAsiimwe.

Branch manager Mbale branch Francis Kakeeto has been ordered to pay a cash bail of 30 million shillings and surrender  his land title before court ,  while his assistant Fred Vito Wanyama has been ordered to pay 25million shillings cash.

The Director Currency Bank of Uganda Charles Malinga has been ordered to pay a cash bail of 40 million shillings, also to surrender his original land title in the names of his wife Joyce Nafuna Akol and all to deposit their original passports before Court .

While releasing them the magistrate ruled that it is their constitutional right to apply for bail, they are still innocent until proven guilty and that their sureties who include members of parliament and Bankers are substantial.

Another Staff of Bank of Uganda Charles Malinga Akol is charged before the Anti corruption court this morning with Corruption.

The magistrate advised them not to interfere with police investigations and witnesses and prosecution also ordered to speed up investigations .

The sureties ordered to sign a court bond of 100 million shillings and 200 million shillings respectively and to ensure their return to court on August 2nd 2019.

Prosecution claim that Charles Malinga Akol the Director Currency neglected to perform his duty of contract management between Bank of Uganda and France, when he failed to ensure that the materials supplied were delivered as per the terms of the said contract.

Malinga is alleged to have committed the offence between March 1st  and April 26th 2019 at Bank of Uganda.

On Friday last week Kakeeto and Wanyama charged with Abuse of Office and an alternative count of corruption.

They are accused of corruptly neglecting  to perform their duty when they failed to refute or report the inclusion of unauthorized cargo on a plane fully chartered plane.By KFM

Don't Miss

EXPOSED! Muyenga Tycoon’s Maid Cited In Land Wrangle

In recent days, Muyenga, Y2K Zone a push Kampala suburb,

Parliament Orders Closure Of Fuelex Petrol Stations For Adulterating Fuel

The Parliamentary Committee on Trade And Industry led by Mbarara

Big Story: Parliament Probes UETCL Bosses Over Corruption, Mismanagement & Controversial UGX 28Billion Compensation Deal

Members of Parliament on the Committee on Environment and Natural

‘Back Off Buganda Land’ Kabaka Mutebi Castigates People Pushing For Abolition Of Mailo Land Tenure System

The Kabaka of Buganda Kingdom Ronald Muwenda Mutebi II has

Big Story: IGG Probes Over Shs1bn Ubos Fraud

The Inspector General of Government (IGG) is investigating top officials

EXPLOSIVE: How Speaker Kadaga & Confidant Hon. Okupa Spent Over US $764,000 (Shs2.8 BN) In-less Than 2 Years In Travels Abroad

Since taking office as Deputy Speaker of Parliament way back

Ham Vs DTB Appeal: Bank Of Uganda Runs Out Of Case, Leaves DTB To Carry Its Own Cross

Bank of Uganda has officially quit the case involving city

Amnesty International Joins Push To Free Presidential Runner Robert Kyagulanyi

The Ugandan authorities must immediately lift the police and military

Exporters Call For Strong Action Against EAC States’ Trade Barriers

Manufacturers have called on the government to impose tough measures

Big Story: How KCCA Officials Messed Up Youth Fund Programs, Stole Billions of Gov’t Funds In Shoddy Deals

Kampala: If there is any government Authority that frustrating President

I Predict Museveni, NRM Victory In 2021 Elections

By Faruk Kirunda Kampala: As we dive into the high

Crisis: Lord Mayor Lukwago Defies Court Order, Appoints Balondemu As Chairman K’la District Land Board

Veteran lawyer Hajji Elias Lukwago, who is the Kampala city

Scandal: Stanbic Bank Bosses Allegedly Steal Borrowers’ Land Titles, Mortgage Them To Dfcu Bank

Several officials at Stanbic Bank are in deep trouble after

Scandal: KCCA Officials On Spot For Blowing Shs 8Bn Under The Guise Of Renovating Old Tax Park

Several officials at the Kampala Capital City Authority (KCCA), are

Covid-19 Crisis: Ugandan Students Expected To Sit For UNEB Exams In March 2021

All indications are that a dead year will not be

BoU To Appeal In Supreme Court Over Trashed Crane Bank Case

The Bank of Uganda (BOU) has said it will be

Shame As Top Police Boss Is Convicted Of Car Theft, Ordered To Pay Over Shs282M

Untold shame has engulfed the Uganda Police a senior officer

Just In! Energy Mafias Rock Parliament As Patriotic Young Turks Question AIGP Akullo’s Involvement In Min. Energy Corruption

Panic has rocked Parliament as renowned Parliamentarian and Lawyer Hon.

Energy Mafias Debunked Part III: How Werikhe, Turyagyenda Corruptly Swindled Shs15 Bn For 3 Electricity Distribution Projects In Acholi, Bunyoro & Kiruhura

FUNDING THE COUP THROUGH ENERGY AND MINERALS CORRUPTION By the

Just In: Top Energy Officials Fired On Presidential Orders Over Massive Theft Of Electricity Distribution Funds

By Our Reporter Kampala: Two senior officials of Rural Electrification

Salary Scam Hits KCCA AS 29bn Is Paid To Ghost Workers

After Eng Andrew Kitata took over as the acting Executive

Ntungamo: Shock As110-Year-Old Man Kills Sickly Wife For Denying Him Sex

A 110-year-old man has murdered his wife over a refusal

Resign! MPs Tell UHRC Chairperson As She Fails To Justify Her Leadership

No related posts.