Leaked bank details show that Justine Bagyenda, the former director for supervision at Bank of Uganda, as stashed up billions of shillings on various accounts held with commercial banks, on top of rapidly acquiring multiple properties. But the million-dollar questions is, did banks collude with her in hiding the billions? Or did the banks go cold since they could not report her illegal money dealings as she superintended over the responsible office? There might be different attempts to answer these, but what is clear is that if found guilty, each bank could pay up to UGX4 billion in fines.
Mid last week, Diamond Trust Bank ran a media statement regarding an internal leak, by one of their staff, of the account transactions of former Bank of Uganda, Executive Director, Bank Supervision, Justine Bagyenda.
The bank alleged that the leaked details were “leaked to outsiders and apparently used to create grossly distorted allegations about Mrs. Bagyenda’s alleged account balances.
