ISO probes Lake Victoria boat disaster

kaka

The Internal Security Organisation (ISO) is probing the criminal element in the tragedy, where the MV Templar destined to K-Palm Beach Resort in Mukono capsized near Mutima Beach Resort on Saturday, November 24, leading to the loss of 32 lives. A total of 27 revellers were rescued and some others have been reported missing. ISO Director General Col. (rtd) Kaka Bagyenda, in an interview confirmed that a team had been put in place and they had started their investigations. “We have a team in place that is probing whether there…

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How Uganda’s Quiin Abenakyo made Miss World history

quiin

The judges looked out for two main qualities from the contestants: confidence and eloquence. And that’s exactly what Uganda’s representative Quiin Abenakyo exhibited the very moment she took the mic in a duel against Argentina’s Victoria Soto. The two beauty queens were facing off in a Head-to-Head Challenge of the Miss World 2018, where 10 spots for the Top 30 were up for grabs. By the time Abenakyo and her rival stood up to make a case for their respective projects, nine finalists had already been confirmed. While Soto talked…

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Kabula County MP James Kakooza transferred to Kampala international Hospital

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The Kabula County Member of Parliament (MP) James Kakooza who was involved in an accident on Sunday was on Monday transferred to International Hospital Kampala (IHK) for specialized treatment. Mr Kakooza is said to have rammed into a boda boda carrying two passengers, one identified as Pastor Enos Kisakye of Lwebiteete Church of God who died immediately. The MP survived with wounds on his head and fracturing his hand; his body guard and two other men on boda boda also survived but still nursing wounds at Lyantonde Hospital. The accident…

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Bagyenda approved bank closure without status reports

justine

The former Bank of Uganda executive director for banking supervision, Ms Justine Bagyenda, cleared the closure of three commercial banks without valuation reports detailing their financial status, bank officials told a parliamentary probe committee yesterday. The act against International Credit Bank (ICB), Cooperative Bank and Greenland Bank, according to testimonies at yesterday’s session, breached provisions of the Financial Institutions Statute. Without valuation reports, lawmakers on Parliament’s Committee on Commissions, Statutory Authorities and State Enterprises (Cosase) questioned what Ms Bagyenda relied on to convince BoU board that the banks were an…

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Justine Bagyenda’s passports confiscated

bagyendaa

The former Bank of Uganda director of supervision for commercial banks at Bank of Uganda, Justine Bagyenda, has been ordered to deposit her two passports with parliament. Bagyenda was on Monday December 3, appearing before the parliamentary Committee on Commissions, Statutory Authorities and State Enterprises (Cosase), which is probing the controversial closure of seven commercial banks by the central bank. Earlier, MPs on the Cosase had also wanted that Bagyenda be confined until the probe is over. However committee chairperson Abdu Katuntu did not rule on her confinement. “Ms Bagyenda,…

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