While his 'partners in crime' Syda Bbumba and Khiddu Makubuya have already resigned from cabinet over the controversial compensation of Hassan Basajjabalaba, Bank of Uganda Governor Tumusiime Mutebile's fate is still undecided.
Mutebile was reported to be out of the country when the inter-ministerial committee led by defence minister Chrispus Kiyonga reviewed the Public Accounts committee report so he did not appear before the committee.
Parliament later gave the executive an ultimatum of two days on Feb. 23 to decide the fate of the governor who is accused of writing letters of conform to the banks where Basajjabalaba had acquired loans.
President Yoweri Museveni instructed the inter-ministerial committee to hear from him and get back to him. He (Museveni) later summoned a party caucus to discuss the same.
The issue was scheduled to be discussed in parliament yesterday but the executive apparently asked for more time to deliberate on the issue which was already on the parliamentary order paper.
The Independent later learnt from sources that the president asked to meet the ruling party Members on the Public Accounts Committee which pinned the trio in their report and summoned another party caucus at State House Entebbe today.
Sources say the president is concerned about what will happen to the already troubled economy if Mutebile is forced to leave. But parliament will not take anything for an excuse and said the President had better come up with an answer with in two days.
Mutebile together with former Finance Minister Syda Bbumba and former Attorney General Khiddu Makubuya dubiously gave Basajjabalaba a hefty shs 169b in compensation when he lost the contract to run city markets.