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TodaySunday, April 26, 2026

COSASE- Page 3

A screen grab from NBSTV of Kasekende at the Jinja event in which he spoke out defiantly against the COSASE recommendations

COSASE recommendations on BoU: a defiant Kasekende disagrees with COSASE, Mutebile

In what is perhaps Bank of Uganda’s first response to parliament’s Committee on Commissions, Statutory Authorities and State Enterprises (COSASE) report that implicated the central Bank and several of its high ranking
April 25, 2019
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Former BoU Executive Director, supervision Mrs Justine Bagyenda (left) and Deputy Governor, Louis Kasekende. The duo were severally named by COSASE for their role in the bandle closure and sale of seven (7) commercial banks

Reforms before recapitalisation: 4 reasons why MPs should not allow the recapitalisation of BoU yet

Only a fool does things the same way but expects different results. There’s been a raging debate in parliament and in the media regarding the recapitalisation of Bank of Uganda. According to
April 18, 2019
DIrectors and shareholders of the defunct National Bank of Commerce appear before COSASE in February 2019. They want to be compensated UGX295bn for the "illegal" closure of their bank. Munyagwa's probe is believed by the many to be revisionist and an attempt to exonerate BoU

COSASE REPORT: National Bank of Commerce moves to sue BoU for UGX295bn as BoU braces itself for over UGX 1 trillion lawsuits

National Bank of Commerce (NBC) has become the first bank to drag Bank of Uganda (BoU) to court, following the damning Committee on Commissions, Statutory Authorities and State Enterprises (COSASE) that implicated
April 6, 2019
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BoU Deputy Governor, Dr. Louis Kasekende, to whom the decision to approve the anomaly has been addressed declined to respond to our inquiry, despite having received it.

Fresh evidence emerges on how Kasekende, Bagyenda, Kutesa and Matia Kasaija secretly hatched plan to sell-off Crane Bank, 17 months before BoU took it over

Even before the dust settles over revelations that disgraced former BoU Executive Director, Mrs Justine Bagyenda literally vended and in the words of Parliam Even before the dust settles over revelations that
December 12, 2018
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LEFT-RIGHT: Former BoU Deputy Governor, Dr. Louis Kasekende, former Executive Director, Supervision, Mrs Justine Bagyenda and Governor, Prof Emmanuel Mutebile. Kasekende and Bagyenda were variously accused of negligence in the variously gone-wrong bank closures.

Exposed: Was Bagyenda in cahoots with dfcu Bank officials and lawyers to illegally transfer Shs570 billions of Crane Bank’s bad loan book?

A letter, said to have been authored by disgraced former Bank of Uganda, Executive Director, lifting key anti money laundering reporting requirements for dfcu Bank in regard to a Shs570 billion bad-loan
November 5, 2018
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