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Parliament queries why Ministry of Finance has allocated UGX481 bn to BoU for recapitalization; money, that BoU says is not necessary Legislators says this could be a move to siphon funds under the guise of recapitalizing the Central Bank.
BoU Deputy Governor, Dr. Michael Atingi-ego. Fred Muwema argues that there can’t be a functioning deputy Governor when there is no functioning Governor to deputize.