Twenty-four (24) years, after Bank of Uganda, seized and sold the assets of the Co-operative Bank, the mystery of the ownership of the bank that was sold remains unresolved. This…
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The Public Accounts Committee on Commissions, Statutory Authorities and State Enterprises (COSASE) has rejected a request by Uganda Airlines to bar the media from covering its proceedings. The national air…
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March 11, 2022 The Hon Minister of Finance, Planning and Economic Development Dear Colleague, RE: THE DEPARTED ASIANS EXPROPRIATE ASSETS As a result of the debate that has taken place…
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The Parliamentary Committee on Commissions, Statutory Authorities and State Enterprises (COSASE) has faulted the Kampala Capital City Authority (KCCA) causing a financial loss to the government by remitting 10 percent…
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Slightly over two years after an investigation by the Parliamentary Public Accounts Committee on Commissions, State Authorities and State Enterprises (PAC – COSASE) ended, with stern recommendations to punish Bank…
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Businessman Mohammed Allibhai has put the Parliamentary Committee on Commissions, Statutory Authorities and State Enterprises (Cosase) on notice over defamatory remarks depicting him as a criminal.Mr. Allibhai, a Ugandan businessman,…
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The majority of the senior staff members interviewed by the committee said there were factions or cliques in the Bank polarized around the positions of the Governor and the Deputy…
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