The Monitor (Kampala)

Uganda:CID to Investigate Central Bank

Yasiin Mugerwa

9 July 2009


MPs yesterday orderd a criminal investigation into an account run by Bank of Uganda for the office of the Director of Public Prosecutions (DPP), whose money totaling Shs635m has never reached the latter. The Public Accounts Committee (Pac) heard that a closed bank account No. 245.203027.1 belonging to the DPP was kept running without his knowledge.

"We don't know the transactions of this account because as far as we are concerned, it was closed in 2002," the Deputy DPP, Mr Amos Ngolobe, told Pac yesterday. "We even wrote to BoU to close this account. This account is in our names but we don't know it and we don't know who took the money."

Details indicate that the Shs635 million in question was taken from the account in 10 installments involving an overdraft of Shs191 million in fraudulent transactions that could mystify the taxpayers whose funds are kept in BoU that runs the Consolidated Fund.

Pac chairman Nandala Mafabi (FDC, Budadiri West) yesterday ordered CID to start immediate investigation into the alleged fraud in BoU and report within two weeks. The BoU's Communications Director, Mr Juma Walusimbi failed to respond to Daily Monitor calls.

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