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The Constitutional Court has outlawed Section 118 and 124 of the Financial Institutions Act (2004) which previously gave the Bank of Uganda uncontrolled and unaccountable powers to freeze bank accounts held in Financial Institutions it supervises. Section 124 further protected the central bank and its official from being sued for the same. The Constitutional Court has also ordered that bank accounts of customers, can only be frozen by an order of the court, meaning that for the Bank of Uganda to freeze any account it has to seek a court order. But at the same time, customers will be given…
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An organisation calling itself the Uganda Poor Youth Movement, has petitioned President Yoweri Museveni to relieve Mrs Irene Mulyagonja Kakooza, of her duties over what they called “failure to fulfil…
When the hunter is hunted, then the hunting game is over-so they say; but it also appears, for the Inspectorate of Government, when an inspector is appointed to inspect the…
The Executive Director of the Financial Intelligence Authority (FIA) Mr. Sydney Asubo has said his organisation is yet to get any report from the Inspectorate of Government (IG) regarding their…
President Yoweri Museveni, has yet again publicly scolded the Inspector General of Government, Mrs Irene Mulyagonja for failing to fight corruption, this time saying that her office has been infiltrated by wrong elements. President Museveni who was the chief guest, at the ongoing was speaking yesterday at the 9th Commonwealth Regional Conference for Heads of Anti-Corruption Agencies in Africa at…
The Inspector General of Government (IGG) Mrs Irene Mulyagonja Kakooza has denied that her office cleared the former Executive Director, Supervision at Bank of Uganda over illicit wealth accumulation. She…
According to today’s Daily Monitor, the Statehouse Anti-Corruption Unit, headed by Lt. Col. Edith Nakalema is probing some members of management and the board of the Inspectorate of Government (IG) for alleged corruption as well as illegal and irregular recruitments. This stems from a whistleblower report from an insider at the IG that also accused the Inspector General of Government…
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