EXCLUSIVE: Tropical Bank’s MD and ED placed under investigation by the Inspectorate of Government, over alleged mismanagement and conflict of interest

The Inspectorate of Government is investigating the Managing Director of Tropical Bank, Mr. Abdulaziz M.A. Mansur and the Ag. Executive Director, Mrs Joweria Mukalazi over what it says is “gross mismanagement and conflict of interest”, CEO East Africa Magazine, can exclusively reveal. Although majority-owned by the Libyan  Foreign Bank (LFB) which owns 99.35% of the paid-up capital, the government of the Republic of Uganda own 0.65%. It is on this basis that the Inspectorate of Government has been called in to investigate the bank’s senior management by aggrieved staff.  This follows an apparent appeal by unnamed members of staff of…