INVESTIGATION: How cleaners and tea girls were used to steal billions of cash from BoU’s tightly guarded strong rooms
It is now weeks since a scandal was reported that BoU officials were involved in a scandal to print UGX90 billion unathorised currency. Government dismissed the leak, but several question remain to date
Currency management in every central bank is one of the most protected
functions, for obvious reasons- it is the Holy Grail.
It is for this reason that Bank of Uganda has in place what is supposed
to be a watertight process complete with human and machine security that
ensures the introduction of new notes and the removal of old and defaced notes is
tightly managed to ensure there are no leakag
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