Kampala — HE was hired to ensure that Global Funds are not embezzled. Instead he ended up in jail for embezzling the same funds.

The High Court on Friday granted bail to Teddy Ssezi Cheeye, the director of economic monitoring in the Internal Security Organisation. Cheeye was last week charged with embezzlement of Global Funds.

Cheeye, who has been on remand in Luzira Prison, was granted a sh5m bail. Court also ordered him to deposit his passport with court. He also signed a bond of sh10m incase he absconded.

His sureties, John Ndyabajje, a consultant with Leeds Insurance Company and Harrison Businge, the director HydroFoam International Ltd, had to enter a non cash bond of sh15m.

Andrew Mwenda, the proprietor and managing editor of The Independent magazine, who had offered himself as a surety, was rejected on the grounds that he has pending charges in the courts of law.

Mwenda was instead advised to find a third surety for Cheeye.

Justice Benjamin Kabiito said it was the duty of court to see to it that people who have pending charges before court do not stand as sureties.

The judge also ordered him to undertake a written agreement that he would not interfere with investigations of the case on top of reporting to the Registrar of Crime once every month.

Cheeye is facing 26 charges that range from embezzlement to forgery, making false entries in accounts and uttering false documents.

Last week, after being charged at Buganda Road Court, Cheeye was committed to the High Court after prosecution said investigations were complete.

According to prosecution, Cheeye embezzled sh120m that he received from the Government for monitoring and supervising the activities of Global Funds in the districts of Rakai, Kabale, Ntungamo and Mbarara.

Cheeye is said to have provided forged documents to the Ogoola Commission that probed the mismanagement of the Global Fund.