The future of Olompic Money Transfer and forex bureau lies in balance after thieves broke into the company's premises and stole more than $1m (Shs 2.5bn).
Police says the thieves could have connived with a security guard, Benson Tumwesigye, belonging to Saracen Security Company, to carry out the robbery. Police added that it had in custody a gun that belongs to the guard. Tumwesigye, who is being treated as a prime suspect, remains at large.
In the meantime, Ahmed Said Ali, the director of the forex bureau, remains a distraught man. He believes the managers of King Fahd Plaza, where Olompic forex bureau is located, should take the blame.
"At least they (the King Fahd plaza guards) would have seen the smoke and alerted police," he said.
A manager at King Fahd Plaza, who preferred to remain anonymous, said that the managers of the forex bureau should take full responsibility for the security lapse at their firm.
"You cannot keep such amounts of money and rely on one security guard. They need also to have theirs like others do, but they neglected it even after our warnings," said the plaza's manager. Ali said that much of the stolen money $450,000 (Shs 1.1bn) belonged to their sister company, Olompic Petroleum.