Uganda: Parliament Rejects Museveni Call for Secret Bank of Uganda Probe

12 December 2018

Parliament — Members of Parliament investigating the closure of seven commercial banks have rejected a proposal by President Museveni to conduct their inquiry in camera and insisted the proceedings will be conducted in the open.

In his first public comments about the ongoing inquiry into Bank of Uganda (BoU) on Monday, Mr Museveni questioned the decision by Parliament's Committee on Commissions, Statutory Authorities and State Enterprises (Cosase) to conduct the investigations openly. Cosase is seeking to establish whether BoU followed the law in closing seven commercial banks.

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