Office of the Auditor General Archives

Parliament Approved Loans Worth UGX 18.6 Trillion in 2020, report says

by URNFinanceJanuary 5, 2021January 5, 2021

Last year Parliament approved loans to the tune of UGX18.69 trillion, according to the report detailing the business transacted by the House in the year 2020. The approved loans are…

Cornered by COSASE, BoU’s Kasekende pleads with Auditor General to submit previously ‘missing’ evidence on BoU’s UGX478bn liquidity support

by Muhereza KyamuteteraCompany News The Big StoryApril 5, 2019April 6, 2019

The Auditor General (AG) Mr John F.S Muwanga, has declined to consider documents from Bank of Uganda that could hold clues to how UGX270bn out of the UGX478.8bn that was allegedly used to recapitalise the defunct Crane Bank was used, because they were submitted late. According to a leaked letter from the office of the Auditor General, that this news…

Did BoU illegally transfer Crane Bank’s bad loans to dfcu?

by Muhereza KyamuteteraCommercial Justice Company News The Big StorySeptember 14, 2018September 15, 2018

The revelation by the Auditor General and corroborated by an interview with the former Executive Director Supervision (EDS) Mrs. Bagyenda, that Bank of Uganda did not carry out an independent…

Auditor General investigates BoU over ‘donating’ Crane Bank to dfcu

by Forbes KaluleCompany NewsApril 4, 2018April 4, 2018

Auditor General John Muwanga has been instructed to do a broad forensic audit into the operations of the bank of Uganda (BoU) and demand accountability of Shs200b, which was injected…