Tullow oil transfers it’s managing director Jimmy Mugerwa on allegations of abuse of office

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Recently the President dismissed Tullow Oil’s managing director from a state house meeting after receiving credible intelligence information that the Oil Executive was heavily involved in dubious activities including money laundering, fraud and abuse of office call it corruption. Mr Mugerwa has been responsible for the delivery of Tullow’s Uganda work programme and the forthcoming Lake Albert Basin Development Plan together with the Government of Uganda and Tullow’s partners, CNOOC and Total,” a press statement from Tullow oil reads. He previously worked with Shell as Manager of Sales & Operations…

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A cry of a disgruntled DFCU Client.

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DFCU has been and is still my bank for over 4 years. At first I enjoyed their services very well and I would recommend everyone who wanted to open an account to DFCU. They had good customer care which would be exhibited to me whenever I would enter into their banking hall. Things about this bank changed when they took over crane bank. I do not know if I am the only one having issues with DFCU but I know there are very many clients out there who are having…

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Government to respond on closure of commercial banks

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Government is set to implement some of the recommendations of the probe report into Bank of Uganda (BoU) operations that led to the controversial closure of seven commercial banks in the period of over 20 years, according to the Minister of Finance Matia Kasaija. Parliament’s  Committee on Commissions, Statutory Authorities and State Enterprises (Cosase) chaired by Mr Abdu Katuntu made the recommendations in February this year after five months of interrogating BoU top officials  over the closure of seven commercial banks, the last one being the closure of Crane Bank…

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Incompetence: BoU hired lawyers weren’t aware that an institution under receivership can’t be sued and can’t Sue.

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Let me check how much was paid to the first lawyers that filed a lawsuit against Sudhir, the figure is around 1.2 billion shillings for a case that never should have been filed at least according to the law. Why do I say this case shouldn’t have been filed in any court under Ugandan law, institutions in receivership can’t be sued and therefore can not sue. Meera investment vs URA the justices of the Supreme Court ruled that Since URA can’t be sued it cannot also sue, the same law/decision…

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A cry of a parent at Hillside Primary School Naalya

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I am writing this piece of information with a lot of pain as a parent that today’s schools are silently killing our children’s emotions and morale. My daughter is at Hillside p/s Naalya P.4,they are ill treated, intimidated, threatened and beaten everyday I.e, if you don’t score 80% and above you are canned 10 strokes which is inhumane. All the kids are unhappy and live in total fear. My daughter used to be good in every subject and was among the best 5 but now is not and I have…

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MORE BOU’S SECRETS UNVEILED: MUTEBILE RECRUITED STAFF MEMBERS WITHOUT CONDUCTING INTERVIEWS.

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A confidential report of the presidential tripartite committee, authored February this year, has detailed how the bank of uganda (BoU) governor, Emmanuel Tumusiime-Mutebile, personally recruited five senior staff without subjecting them to any interviews as required by law. The staff who were externally recruited by Tummusiime-Mutebile are; Dr. Twinemanzi Tumubweinee (Executive Director Supervision), Mr. Valentine Ojangole ( Director Banking), Mr Edward Mugerwa (Director IT Operations Department), Ms. Kande Sabiiti (Procurement Assurance Manager/Director) and Dr. Natamba Bazinzi (Assistant Director Currency Administration in Currency Department). The findings are as a result of…

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MPs demand government to suspend officials implicated in BoU saga

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A section of legislators has asked government to immediately suspend all the officials at the Bank of Uganda said to be implicated in the on-going currency scandal. The MPs also want government to hire an international audit firm to do a forensic audit of the central bank. The calls come three months after the parliamentary committee on Commissions, Statutory Authorities and State Enterprises (COSASE) investigated the bank’s role in the closure of seven commercial banks and came out with a damning report. The MPs who included Hassan Kaps Fungaroo of…

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COMMENTS ON THE DEMAND BY MINISTRY OF GENDER LABOUR AND SOCIAL DEVELOPMENT THAT LABOUR EXPORT COMPANIES SUBMIT BANK STATEMENTS FOR VERIFICATION.

Export of labour in Uganda is regulated by the Employment (Recruitment of Ugandan Migrant workers abroad Regulations Statutory Instrument number 62 of 2005 which does not explicitly mention that thelabour export companies are required to submit bank statements. The Bank of Uganda Final Consumer Protection Guidelines 2011under guideline 7(3)(a) which provides for safeguarding consumer information and precludes financial service providers from disclosing information about a consumer to a third party except where the financial service provider is compelled by law to disclose the information or where the disclosure is made…

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EXPOSING COSASE’s MP IBRAHIM KASOZI A REBEL SPY

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New and shocking secrets of Makindye East Member of Parliament Ibrahim Kasoozi have leaked, According to security sources, Ibrahim Kasoozi was for long time been spying for Uganda’s most wanted renegade cardiologist Dr Aggrey Kiyingi who is wanted on charges of terrorism, murder and financing subversive activities against the legitimate government of Uganda. This security source narrated that Kasoozi who is also a member of COSASE committee of Parliament broke ties with Kiyingi after conning him 200,000 USD promising him to bankroll recruitment of rebels across the country to help…

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MP Munyagwa (Cosase Chairman), Deputy Auditor General, and Kasekende in fresh BOU comedy show.

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If you haven’t noticed Munyagwa and his new Cosase committee have reopened the BOU mismanagement case, at first sight one would think they are trying to clean the Central Bank but if you know what their motive is then you can predict the future of their business. The new committee first insisted on an accounting office of which the law doesn’t provide for, this committee is looking to introduce a new document and that is the fake accountability BOU has now cooked of the 487 billion that wasn’t accounted for.…

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Mbale Youth leaders demonstrate over delayed city status

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Police in Mbale District have  today arrested 11 youth leaders who were participating in demonstration to protest a Cabinet decision to postpone the elevation of Mbale Municipality to city status until 2021. Mbale was among the 15 cities that were recently approved as regional cities but it was not included in the first lot of cities that will be elevated to city status by 2020. Municipal council that will become cities by 2020 are Arua, Gulu, Jinja, Fort Portal and Mbarara. The detained youth leaders are; Mr Yassin Kawanguzi, the…

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Sachet spirit manufacturers to lose licenses

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Effective June 1, 2019, any sachet alcohol found in shops will be burned while the manufacturers will have their licenses revoked, Amelia Kyambadde, the Minister of Trade, Industry and Cooperatives has said. “We had given the companies up to May 31 to comply with the ban on the manufacture of sachet spirits and if by June 1 we find sachets on shelves, licenses will be lost. Even the imported sachets will face the same fate,” she said. She said they have set up a committee that will be moving around…

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Vietnamese held over Shs30b pangolin scales

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Two Vietnamese nationals are currently battling charges of wildlife trafficking brought against them by the Uganda Wildlife Authority (UWA). Dhan Yon Chiew and Nguyen Son Dong were detained at the beginning of this month after UWA officials seized an illegal shipment of ivory and pangolin scales, the largest the country has ever uncovered. The value of the haul is estimated at more than $8 million (about Shs30 billion). It is believed the haul originated from the Democratic Republic of Congo and passed through South Sudan before entering Uganda. It is…

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Human trafficking laws should be implemented, Kadaga tells govt

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The Speaker of Parliament, Ms Rebecca Kadaga, has called on government to domesticate international conventions on human trafficking and slavery so that the country is able to fight the crime that has affected many Ugandans. Ms Kadaga, while opening the consultative workshop on the Anti-Slavery Bill, 2018 at the Gold Tulip Hotel in Kampala yesterday, said it is not good for Uganda to sign international conversions and shelve them. “As a country, we have to wake up. We have not domesticated international conventions; I don’t know how many we have…

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One dead as six are injured in Fort Portal fire explosion

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One person is said to have died, six others injured and property worth millions of shillings destroyed in a fire explosion in Kisenyi cell in South Division of Fort Portal municipality in Kabarole District. The incident occurred at around 9pm on Monday along Kasaija Road in Fort portal town. Eye witnesses said the fire started from a Fuso truck registration number UAW 038N that was carrying plastic drums with fuel. The vehicle reportedly went up in flames minutes after the fuel started leaking. One of the eye witnesses, who only…

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Another worker Birungi Jannet suffering in Saudi Arabia, She calls for government intervention.

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Just after days when state minister for youth and children affairs Nakiwala Kiyingi summoned two labour exporting companies over allegations of mistreatment of workers taken to countries in the Middle East after a video about a woman complaining about torture by her employer went viral, Daily inspector has landed on another Ugandan by names of Birungi Jannet who is also suffering in Saudi Arabia. In a conversation that our correspondent had with Birungi she revealed on how the once admired job has become a curse in her life. She told…

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Riots in Kisekka market as traders protest Bobi Wine’s arrest and detention

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Police Tuesday used teargas and bullets to disperse hundreds of angry supporters of Kyadondo East MP Robert Kyagulanyi alias Bobi Wine at Kisekka Market in Kampala. Several policemen from the Field Force Unit (FFU), regular police and the Military Police engaged in running battles with Mr Kyagulanyi’s supporters. The police’s action was sparked off when protestors who were standing on top of the buildings, pelted the officers with stones. Earlier on, a section of the youth told the traders to close their shops, saying they were going to demonstrate. In…

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“YOUR FINDINGS ABOUT BOU WERE WRONG”, KASEKENDE ATTACKS AUDITOR GENERAL & COSASE

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Deputy governor Louis Kasekende together with directors at the bank of Uganda organized a press conference in the absence of the the Governor and they started  challenging the outcomes of the COSASE Committee  claiming that the outcomes of the report were”totally wrong”. The question to ask is “WHY DOES HE ALWAYS COME OUT TO SPEAK TO THE PUBLIC IN THE ABSENCE OF THE GOVERNOR?” we want to find his motive. We would also want to know where he (Kasekende) was when all this mess was happening at the central bank…

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