Justine Bagyenda dropped from FIA board

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The former executive director Bank of Uganda (BoU) in charge of supervision, Justine Bagyenda has been excluded from the new board of the Financial Intelligence Authority (FIA),

Bagyenda’s exclusion from the list follows her recent snubbing of Parliament’s Appointments Committee where she was supposed to appear for vetting.

It should be remembered that earlier on Finance Minister Matia Kasaija had included Bagyenda’s name on the list of FIA board members to be re-appointed but he came under fire for naming a public official who was subject of investigation by the office of the Inspector General of Government for alleged illicit enrichment and the FIA itself for possible money laundering after whistle blowers leaked her bank account details.

Kasaija in his response said the allegations had not come up at the time he drafted the list and he would await Parliament’s decision. Bagyenda chose not to appear before the appointments committee.

The approved board members include Police CID Director Grace Akullo, Deputy Secretary to the Treasury, Patrick Ocailap, Mrs Patricia Mutesi and former BoU governor Leo Kibirango who retains his position as the authority’s chairperson.

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