Audit on BoU’s closure of banks starts, after Kadaga’s sting

After eight months of legal ping-pong, Bank of Uganda has given in to being audited by the Auditor General over the way in which various defunct banks were taken over and subsequently sold and or dissolved. According to our sources at both the Office of the Auditor General and Bank of Uganda, a team of over 10 auditors descended on Bank of Uganda today morning and are expected to be holed at th