Gone: MPs Probe how UGX15 billion Vanished From Asian Custodian Board Bank Accounts

Members of Parliament on the Commissions, Statutory Authorities and State Enterprises (COSASE) committee are investigating how UGX15 Billion disappeared from an accounts belonging to the Departed Asians Property Custodian Board. A handover report from the divestiture committee of the custodian board shows that UGX15 billion was on the account in Bank of Uganda accruing from the sale of 1,524 properties belonging to departed Asians. The legislators, on Wednesday, met finance minister Matia Kasaija together with officials from his ministry, among whom was Permanent Secretary Keith Muhakanizi, to explain the anomalies on the bank accounts which have funds mainly from sold…