After months of waiting, the Inspectorate of Government report on the incomes, assets and liabilities of the sacked former BoU Executive Director in Charge of Commercial Bank Supervision, is ready,…
As Parliament’s COSASE committee starts probing Bank of Uganda over the way it handled the statutory seizure and or subsequent disposal of the assets and liabilities of seven defunct banks,…
On this day, 2 years ago on October 20, 2018, Bank of Uganda took over the management of Crane Bank- pursuant to “Section 87(3), 88(1)(a) & (b) of the Financial…
Dfcu Bank, had to pay William Sekabembe a 47% salary increment to stop him from crossing to rival KCB Bank, where he had been offered a Managing Director role, we…
Before the dust settles on the explosive Auditor General’s report into the closure and sale of 7 defunct banks, in which Bank of Uganda was implicated for gross negligence and…
Following a damning special audit report by the Auditor General (AG) on 7 troubled banks, that revealed several gross errors, experts have called for sweeping reforms at Bank of Uganda….
The revelation by the Auditor General and corroborated by an interview with the former Executive Director Supervision (EDS) Mrs. Bagyenda, that Bank of Uganda did not carry out an independent…
Accounting giant, PriceWaterhouseCoopers (PWC) has been ordered to pay $625 million in damages, by an Alabama judge, in the United States of America for their negligence that led to one…
For months now, Justine Bagyenda, the sacked Executive Director, Supervision at Bank of Uganda has been in the headlines over her unexplainable wealth. Although both the Inspectorate of Government (IGG)…
