Justine Bagyenda

Prosecution of Kasekende, Bagyenda and others, over the irregular disposal of defunct banks’ assets delayed as DPP asks police to conduct further investigations

by CEO ReporterThe Big StoryJanuary 23, 2021January 23, 2021

Borrowers and owners of the defunct International Credit Bank (ICB), Greenland Bank and Cooperative Bank whose properties were taken over and sold by Bank of Uganda irregularly and at giveaway…

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Noose tightens as DPP names Kasekende, Bagyenda and Sekabira as suspects in defunct banks mess

by CEO ReporterThe Big StoryAugust 7, 2020August 7, 2020

Borrowers and owners from the defunct International Credit Bank (ICB), Greenland Bank and Cooperative Bank whose properties were taken over and sold by Bank of Uganda, in a process that…

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CID orders Bank of Uganda to Produce Sekabira in court over dubious loan portfolio findings by Parliament

by Samuel MuhimbaFinanceAugust 3, 2020

The Criminal Investigation Department of police (CID) has written to Bank of Uganda to produce the current Director Financial Markets Development, Benedict Sekabira in court to answer charges of concealing…

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CID confirms commencing investigations against Kasekende, Bagyenda and Sekabira

by The CEO Magazine TeamThe Big StoryJuly 5, 2020July 5, 2020

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…

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Youth petition President Museveni over IGG; want her relieved of her duties

by CEO ReporterGovernment AgenciesParliamentState HouseThe Big StoryWomen In LeadershipMay 14, 2019May 14, 2019

An organisation calling itself the Uganda Poor Youth Movement, has petitioned President Yoweri Museveni to relieve Mrs Irene Mulyagonja Kakooza, of her duties over what they called “failure to fulfil…

IGG denies ever clearing Bagyenda on illicit wealth; conflicts with staff on state of the investigations

by Muhereza KyamuteteraGovernment AgenciesThe Big StoryWomen In LeadershipMay 3, 2019May 3, 2019

The Inspector General of Government (IGG) Mrs Irene Mulyagonja Kakooza has denied that her office cleared the former Executive Director, Supervision at Bank of Uganda over illicit wealth accumulation. She…

Reforms before recapitalisation: 4 reasons why MPs should not allow the recapitalisation of BoU yet

by Muhereza KyamuteteraGovernment AgenciesParliamentApril 18, 2019April 18, 2019

Only a fool does things the same way but expects different results. There’s been a raging debate in parliament and in the media regarding the recapitalisation of Bank of Uganda….

BoU and law firm MMAKS on the spot over “exorbitant” fees

by Muhereza KyamuteteraThe Big StoryFebruary 10, 2019April 10, 2019

Before the dust settles on the explosive Auditor General’s report into the closure and sale of 7 defunct banks, in which Bank of Uganda was implicated for gross negligence and…

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Fresh evidence emerges on how Kasekende, Bagyenda, Kutesa and Matia Kasaija secretly hatched plan to sell-off Crane Bank, 17 months before BoU took it over

by CEO ReporterCommercial JusticeCompany NewsThe Big StoryDecember 12, 2018October 6, 2019

Even before the dust settles over revelations that disgraced former BoU Executive Director, Mrs Justine Bagyenda literally vended and in the words of Parliam Even before the dust settles over…

IGG report on Bagyenda’s wealth ready, as IGG launches another audit on Kasekende

by Muhereza KyamuteteraCommercial JusticeCompany NewsThe Big StoryThought LeadershipNovember 17, 2018November 17, 2018

After months of waiting, the Inspectorate of Government report on the incomes, assets and liabilities of the sacked former BoU Executive Director in Charge of Commercial Bank Supervision, is ready,…