Noose tightens as DPP names Kasekende, Bagyenda and Sekabira as suspects in defunct banks mess This is the first major step by the state to bring to justice the previously untouchable but now infamous BoU trio; largely blamed for the flawed and controversial takeover and sale of seven defunct commercial banks.

Borrowers and owners from the defunct International Credit Bank (ICB), Greenland Bank and Cooperative Bank whose properties were taken over and sold by Bank of Uganda, in a process that the Parliament of Uganda found to be flawed, could be close to getting justice as the Directorate of Public Prosecutions (DPP) has ordered police to round up, question and search the homes of a city lawyer and two former officials and one current official of Bank of Uganda. Mr. Odiit Andrew, the Senior Assistant DPP/Head, Land Crimes Department at the Directorate of Public Prosecutions in a July 7th 2020 (Ref:…