Dr Louis Kasekende, the former Bank of Uganda (BoU) deputy governor, has no chance of bouncing back to that institution as Governor, following the death of Prof. Emmanuel Tumusiime-Mutebile. Not long ago Kasekende was considered an automatic heir to late Mutebile as Governor. Having read our exclusive article on the potential replacements for Mutebile, some…
A disgruntled whistleblower has petitioned the President of Uganda Yoweri Kaguta Tibuhaburwa Museveni seeking to investigate and prosecute former executives of Bank of Uganda (BoU), over allegations of involving themselves in corruption and the fraudulent sale of seven defunct banks. The petitioner, Sam Brian Kakuru, wants the president to institute an investigation into the operations…
Former Bank of Uganda deputy governor Dr . Louis Kasekende, whose tenure was mired with gross abuse of office and allegations of corruption, might have been kicked out of the Central Bank but credible sources within reveal that he still has there Moles. One of Kasekende’s top Moles at BoU, according to our sources in…
Two concerned citizens have petitioned the Inspector General of Government demanding for a report into the investigation and prosecution of former Bank of Uganda Deputy Governor Louis Kasekende and former director of commercial banks supervision Justine Bagyenda. The report that is being demanded for also looked into the conduct of Benedict Kasekende, the BoU Director…
A senior police officer attached to Criminal Investigations Directorate in Kibuli has been suspended after investigating former deputy governor Bank of Uganda Louis Austin Kasekende. Sources at the Kibuli-based CID say that SP Andrew Mugarula was shown exit after his seniors had a meeting with Kasekende. Mugarura suspects that Kasekende could have bribed his seniors,…
Former Bank of Uganda Deputy Governor Dr. Louis Kasekende, has written to the Director of Public Prosecution (DPP) Jane Frances Abodo distancing himself from the alleged dubious sale of over 2,700 land titles which belonged to closed commercial banks. This website has learnt that Kasekende wants his name cleared from the list of suspects being…
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…
The days of running for former Bank of Uganda Deputy Governor Louis Kasekende, former Director Compliance Justine Bagyenda, Ben Sekabira, the Director for Financial Markets Development Coordinator and other Central Bank officials who were involved in the fraudulent sale of Teefe Trust Bank, Greenland Bank, Crane Bank and other defunct commercial banks are over. This…
As the saying ‘It ain’t over till it’s over’, well, you can’t argue with that. Former Bank Of Uganda (BoU) Deputy Governor Dr. Louis Kasekende is having sleepless nights after learning that his Ex bodyguard revealed a detailed information about his dealings to the Inspectorate of Government. This comes at a time when the president of Uganda Gen…
The Director of Research at Bank of Uganda, Dr Adam Mugume, was on Friday assigned to perform the duties of the Deputy Governor of Bank of Uganda. The position fell vacant about three months ago after Dr Louis Kasekende’s contract ended. He served in that position for 10 years. When contacted, the Central Bank deputy…
