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ActionAid to drag government to court over frozen bank accounts

Mulema Najib by Mulema Najib
8 years ago
in News
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By Watchdog reporter

ActionAid International Uganda, a non-governmental organization has revealed that it’s in final stages of dragging government to court over frozen bank accounts.

ActionAid Country Director Arthur Larok said they shall have a number of responses such as legal response, political response and diplomatic consultations to ensure that justice is prevailed.

On Friday, Bank of Uganda ordered Standard Charted Bank to freeze all the five accounts belonging to the NGO.

In a letter,Louis Kasakende, the Deputy governor Bank of Uganda explained that the Criminal Investigation Directorate (CID) of the police is investigating Action Aid International Uganda for alleged conspiracy to commit a felony and money laundering.

Kasakende listed five bank accounts belonging to the NGO held at Standard Chartered which police CID is investigating.

Pursuant, to section 110 of the Financial Institutions Act, 2004, Kasakende directed the bank to freeze all the listed accounts.

“The accounts in question shall remain frozen until otherwise advised by Bank of Uganda,” reads part of the letter.

Last month on September 21, police cordoned the offices of the organization on allegation of supporting anti age limit removal masses through funding illegal activities like processions.


Do you have a story in your community or an opinion to share with us: Email us at editorial@watchdoguganda.com

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