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Trouble Looms: Police Summons BoU Finance Director Sekabira Over Illegal Concealment Of Land Tittles, Sale Of Commercial Banks
The Criminal Investigations Directorate (CID) in Kibuli has summoned Benedict Sekabira, the Bank of Uganda Director Financial Markets Coordination, to record a statement over allegations that he and several other BoU officials were involved in illegal concealment of title deeds. In a letter dated July 27, 2020, to the Governor Bank of Uganda, Criminal Investigations…
Trouble Looms As Ex BoU Deputy Governor Is Dragged To IGG Over Amassed Wealth
Former Deputy Governor Bank of Uganda Dr. Louis Kasekende is in hot soup following the whistleblower petitioning the Inspector General of Government (IGG) with evidence that he has more property than he declared to the IGG. Thecapitaltimes has landed on a document received by the Inspectorate titled confidential notes, corruption against former Deputy Governor Louis…
Trouble Looms As DTB Staff Come Out As Witnesses Against The Bank In Shs120Bn Fraud Case
The 120Bn fraud case filed by Ham Enterprises against Diamond Trust Bank Uganda and Diamond Trust Bank Kenya, continues at the Commercial Division of the High Court. On August 28, 2020, Ham Enterprises through lawyer Fred Muwema filed a preliminary Objection asking the court to dismiss the defendants defense on basis of its illegality background.…
Trouble Looms As DPP Asks Police To Conduct Further Investigations Ahead Of Kasekende, Bagyenda Prosecution
Borrowers and owners of the defunct International Credit Bank (ICB), Greenland Bank and Cooperative Bank whose properties were taken over and sold by Bank of Uganda irregularly and at giveaway prices, will have to wait a little bit longer for justice to be served. According to CEO East Africa Magazine reported that the Office of…
Trouble Looms As District LCV Slaps RDC Over Gov’t Vehicle
Police in Bunyangabu District arrested and detained the area LC V Chairperson James Ategeka Mugarama after disciplining the area Resident District Commissioner Jane Asiimwe Muhindo with deadly slaps over a government double cabin. According to reports, Ms Muhindo had gone to pick the Chairman’s official car, which is a government given vehicle, as per presidential…
Trouble Looms As BoU Lawyer ‘Makubuya’ Is Dragged To Court Over Theft
Former Deputy Katikiro of Buganda and Bank Of Uganda lawyer Apollo Nelson Makubuya is in hot soup following allegations of stealing land from the former Executive Director of the Kabaka Foundation, Ambassador Matia Lubega. The land in question is situated on Block 268 Plot 475 Kyadondo in the upscale Lubowa neighborhood along Entebbe Road valued…
Trouble Looms As Anti-corruption Court Summons Legendary Chameleone Over Flouting URA Rules
Celebrated legendary musician and Kampala Lord Mayor aspirant, Joseph Mayanja alias Jose Chameleon is in trouble once again after the Anti-Corruption Court summoned him over allegations that he is in possession of an imported and undeclared vehicle. According to the statement of the offence, Mayanja is accused of being in possession of uncustomed goods contrary to…
Trouble As Tycoon Hamis Kiggundu Drags Diamond Trust Bank To Court For Stealing Over Shs 100bn From Account
Guys, if you find Directors and Managers of Diamond Trust Bank (DTB) in hiding, don’t ask why, trouble is looming. A disgruntled client, City Businessman and owner of Ham Enterprises Limited Tycoon Hamis Kiggundu has dragged (DTB) to the Uganda Commercial Court after the bank illegally and fraudulently debited over 100 billion UGX from its…
Trouble As Rwanda’s Top Security Personnel Is Cited In Kizito Mihigo’s Execution
Trouble has landed on one of the top security officers after being allegedly cited in the execution of gospel Musician and Kagame Critic Kizito Mihigo who passed on a week ago in Police Cells. According to reports from Rwanda, CP E Ruzigamanzi the Commander Of Crime Intelligence is alleged to have commanded the detention of…
Trouble As Former Security Minister Gen. ‘Tumukunde’ Joins 2021 Presidential Race, Vows To Oust Museveni
Former Security Minister Lt Gen. Henry Tumukunde has notified the Electoral Commission of his intention to run for the Presidency come 2021. In a March 3, 2020 letter received by the Electoral Commission, a copy of which was seen by the publication, Gen Tumukunde says he intends to carry out countrywide consultations ahead of the…