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TodaySunday, April 26, 2026

COSASE

Bank of Uganda Governor Michael Atingi-Ego, who now oversees the country’s banking supervision and resolution framework as the central bank confronts lingering questions about reforms following Parliament’s COSASE investigation.
Bank of Uganda Governor Michael Atingi-Ego, who now oversees the country’s banking supervision and resolution framework as the central bank confronts lingering questions about reforms following Parliament’s COSASE investigation.

Seven Years After Parliament’s Probe into Controversial Bank Closures and Two More Failures Later: Has Bank of Uganda Learnt Anything?

Seven years ago, in February 2019, Parliament launched one of the most consequential investigations ever conducted into Uganda’s financial sector. The probe by the Committee on Commissions, Statutory Authorities and State Enterprises
March 6, 2026
Muhamed Allibhai (right in striped shirt) dragged the Attorney General to court seeking court to review the acts of the COSASE subcommittee in investigating properties already handled by the court and other processes, confirming rightful ownership. Courtesy photo

Full of illegalities! Court slaps govt with cost over COSASE’s recklessness on Departed Asians Properties

The High Court in Kampala has quashed Parliament’s Sub-Committee on Commissions, Statutory Authorities and State Enterprises (COSASE) report sighting illegalities while conducting investigations on properties under the Departed Asians Property Custodian Board
July 5, 2022
Ibrahim Kasozi, COSASE sub-committee chaired by Makindye East MP. The committee is investigating fraudulent acquisition of properties facilitated by government officials, as well as the total amount of proceeds received from the sale and rent of the properties held by the board

Gone: MPs Probe how UGX15 billion Vanished From Asian Custodian Board Bank Accounts

Members of Parliament on the Commissions, Statutory Authorities and State Enterprises (COSASE) committee are investigating how UGX15 Billion disappeared from an accounts belonging to the Departed Asians Property Custodian Board. A handover
October 23, 2020
Left to right: Dr. Louis Kasekende, Mrs Justine Bagyenda and Benedict Sekabira have the major actors in the faulty sale of 7 defunct banks

CID orders Bank of Uganda to Produce Sekabira in court over dubious loan portfolio findings by Parliament

The Criminal Investigation Department of police (CID) has written to Bank of Uganda to produce the current Director Financial Markets Development, Benedict Sekabira in court to answer charges of concealing title deeds
August 3, 2020
Businessman Sudhir Ruparelia (centre) together with his son Rajiv Ruparelia and KAA lawyers at the Court of Appeal in Kampala after his second-round Court of Appeal win. KAA has appealed to Bank of Uganda to go to Supreme Court if they are disatisfied with the Court of Appeal ruling insead of making false and inaccurate statements in the media.

Youth Group petitions Museveni over ‘Tax payers’ Money Wastage’ in Court case between BoU and Sudhir

A group of youths under the Poor Youth Network have petitioned the President Yoweri Museveni over what they have termed as ‘excessive legal  fees payments’  in court case between the Bank of
July 22, 2020
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