The Nile Breweries scandal involving the Majok siblings has exposed significant weaknesses in corporate governance, oversight, and financial accountability. However, this case is not an isolated incident—it is part of a growing internal fraud crisis in Uganda. Businesses across the country are losing billions due to insider fraud, weak corporate controls, and ineffective enforcement. According to the PwC Global Economic Crime and Fraud Surveys (2020, 2022, and 2024) and the Uganda Police Annual Crime Report 2024, internal fraud remains one of the most financially devastating forms of corporate crime. In 2024 alone, Ugandan businesses lost over USD 272 million (UGX…
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