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HomePoliticsRage As Ugandan MPs Allocate UGX 3.9B For Financial Crime Awareness Campaign

Rage As Ugandan MPs Allocate UGX 3.9B For Financial Crime Awareness Campaign

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A section Ugandan Nitizens have slammed the Parliament of Uganda  after legislators allocated Shs3.9 billion for a comprehensive financial crime sensitization campaign to combat financial scams and embezzlement.

This move is seen as a renewed commitment to addressing the complex issue that has eroded public trust and impeded economic growth.

The campaign, targeting individuals and businesses, is expected to be a game-changer in the ongoing battle against financial crimes. Amos Kankunda, Chairperson of Parliament Committee on Finance, Planning, and Economic Development, emphasized the importance of these funds in ensuring Uganda’s compliance with international anti-money laundering standards.

He also highlighted the government’s role in ensuring Uganda’s removal from the Financial Action Task Force (FATF) Grey List.

 

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