DPP Confirms Prosecution Of BoU’s Sekabira, Bagyenda & Kasekende

The Director of Public Prosecutions (DPP) has confirmed charges against the former Deputy Governor Louis Kasekende, former Director of Commercial Banks Supervision Justine Bagyenda and the central bank’s Director for Financial Markets Development Coordination (FMDC) Benedict Sekabira.

This has been confirmed after landing on an August 4 Letter from the DPP Jane Francis Abodo titled: Prosecution of Bank of Uganda officials to wit Louis Kasekende, Justine Bagyenda and Benedict Sekabira, addressed to a petitioner named Kakuru Sam.

“This is to acknowledge receipt of your complaint in regards to the above [investigation of Kasekende, Bagyenda and Sekabira].

This letter is addressed to two institutions which are both mandated to direct on investigations. The complaint should be addressed to one institution for proper investigations and follow-up and also to avoid duplicity and wastage of resources, “reads DPP Abodo’s letter.


DPP’s letter 

Meanwhile we’ve learnt that Miss Abodo was responding to an earlier letter written by CID in regard to the investigations and prosecution of the three officials.

The decision to prosecute the trio comes after the DPP wrote to the Criminal Investigations and Intelligence Department (CIID) requesting that properties that they irregularly acquired due to the closure of seven commercial banks be attached.

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