The Big Story

CID confirms commencing investigations against Kasekende, Bagyenda and Sekabira

by The CEO Magazine Team
The petitioners want Dr. Louis Kasekende the former Deputy Governor; Mrs Justine Bagyenda, the former Executive Director, Commercial Bank Supervision and Benedict Sekabira, the current Director Financial Markets Development to be brought to justice.
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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 of Uganda officials implicated in the wrongful and illegal closure and sale of 7 defunct banks, shareholders of the closed banks could be about to see justice served. The Criminal I

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