• Contact Us
  • About Us
  • Advertise
  • Donate
  • Login
Watchdog Uganda
  • Home
  • News
    • National
    • Politics
    • World News
    • Media Outreach Newswire
    • Africa News
    • Tourism
    • Community News
    • Luganda
    • Sports
      • Football
      • Motorsport
  • Op-Ed
    • #Out2Lunch
    • Conversations with
    • Politics
    • Relationships
  • Business
    • Agriculture
    • CEOs & Entrepreneurs,
    • Companies
    • Finance
    • Products
    • RealEstate
    • Technology
  • Entertainment
    • Lifestyle
  • People
    • Showbiz
      • Salon Mag
  • Special Report
    • Education
    • Voices
  • Reviews
    • Products
    • Events
    • Hotels
    • Restaurants
    • Places
  • WD-TV
  • Donate
  • China News
No Result
View All Result
  • Home
  • News
    • National
    • Politics
    • World News
    • Media Outreach Newswire
    • Africa News
    • Tourism
    • Community News
    • Luganda
    • Sports
      • Football
      • Motorsport
  • Op-Ed
    • #Out2Lunch
    • Conversations with
    • Politics
    • Relationships
  • Business
    • Agriculture
    • CEOs & Entrepreneurs,
    • Companies
    • Finance
    • Products
    • RealEstate
    • Technology
  • Entertainment
    • Lifestyle
  • People
    • Showbiz
      • Salon Mag
  • Special Report
    • Education
    • Voices
  • Reviews
    • Products
    • Events
    • Hotels
    • Restaurants
    • Places
  • WD-TV
  • Donate
  • China News
No Result
View All Result
Watchdog Uganda
No Result
View All Result

BoU currency scandal: Government seeks police apology over duping Ugandans

Stephen Kalema by Stephen Kalema
6 years ago
in National, News
11 0
ShareTweetSendShare

The government, through its spokesman Ofwono Opondo has rubbished information by police spokesman Fred Enanga that several Bank of Uganda officials are being investigated over printing ‘personal’ money.

Opondo also wants Enanga and the entire communication department in police to apologise because they are misleading Ugandans about nonexistent extra currency in the economy.

Last week, the State House Anti-corruption Unit and police arrested several central bank officials in charge of currency, procurement and security after a tip off that some senior officials had authorised printing of money in excess of about Shs90b.

The money was allegedly shipped into the country on the same chartered flight that carried official central bank currency notes in April.

On Monday, Enanga told journalists that CID had taken over investigations to find out how the extra cash was printed.

“CID has taken over all the inquiries into the irregularities surrounding the consignments of money that were printed in the related supply chain. The directorate will, however, work alongside Lt Col Edith Nakalema’s State House unit,” said Enanga.

However, Opondo said no extra money was printed and the investigations are not on currency printing but on illegal cargo found on the said chartered plane.

“We are only investigating the extra cargo on the charter plane. Legally this plane was supposed to have only cargo belonging to Bank of Uganda, but according to the Airway bills and customs documents at Entebbe International Airport, there were five extra consignments belonging to 13 individuals. That is what is being investigated,” Opondo said at the Media Centre on Tuesday.

According to Opondo, BoU procured items from France and chartered a plane from Paris to deliver its consignment to Uganda on April 27, 2019. However, after they had checked and cleared the items, one of the staff noticed that the plane was carrying extra cargo which prompted him to inform the top leadership of BoU.

 “I don’t know where police got that information on extra printed money but the real matter being investigated is how the private individuals and diplomatic organizations had their cargo on the chartered plane by BoU,” added Opondo.

This extra cargo, according to Opondo had items such as acid batteries, medical equipment, and human blood apparatus among others according to documentation.

“I want to inform the public to stay calm, no extra money was dumped into the economy,” noted Opondo.

The police’s communications department did not pick our repeated calls for a followup.


Do you have a story in your community or an opinion to share with us: Email us at editorial@watchdoguganda.com
Share2Tweet2SendShare

Related Posts

National

20-year-old Woman Arrested After Dr’ Spire’s Death at Kajjansi Lodge

2nd July 2025 at 22:19
News

Uganda Woos UAE Investors with Vast Opportunities in Agriculture and Tourism

1st July 2025 at 20:07
News

Born To Cry: The Tragic Reality of Birth Asphyxia In Uganda As Government Launches My Baby’s Cry Campaign

1st July 2025 at 19:46
Next Post

Kabale councilors list 12 reasons why district chairman must go 

  • Prostitution in Uganda- Courtesy Photo

    10 dangerous hotspots known for prostitutes in Kampala

    1105 shares
    Share 442 Tweet 276
  • LIST: New salary structure for civil servants starting July 2020 out; scientists, lecturers get juicy pay rise

    2284 shares
    Share 914 Tweet 571
  • Uganda’s Billionaires 2025: Once Again Sudhir Ruparelia Leads a Resilient Pack

    41 shares
    Share 16 Tweet 10
  • LIST : Gov’t releases Revised Salary Structure for Teachers, Police, and Prisons Staff for FY 2024/2025

    117 shares
    Share 47 Tweet 29
  • Pastor Bugingo Seeks Reconciliation with Teddy and Children, Prays for Makula’s Twins

    19 shares
    Share 8 Tweet 5
Facebook Twitter

Contact Information

Watchdog Uganda is a portal for solution journalism, trending news plus cutting edge commentaries in the fields of politics, security, business, tourism, entertainment, technology, agriculture, climate change, environment, public health et al. We also give preference to Ugandan community news and topical discussions. The portal also publishes community news and topical discussions.

Email: editorial@watchdoguganda.com
To Advertise:Click here

Latest News

Silent Billionaire Bosco Muwonge Buys Mukwano Arcade at UGX 250 Billion Cash Down

3rd July 2025 at 06:26

20-year-old Woman Arrested After Dr’ Spire’s Death at Kajjansi Lodge

2nd July 2025 at 22:19

Check out

  • Trending
  • Comments
  • Latest
Minister Muruli Mukasa

LIST: New salary structure for civil servants starting July 2020 out; scientists, lecturers get juicy pay rise

24th May 2020 at 10:45
Pregnant woman

Shock as 17-year old boy impregnates his two sisters during Covid-19 lockdown 

17th June 2020 at 08:17
Sudhir Ruparelia is set to speak at business forum in United Kingdom

Billionaire Sudhir’s wisdom on how to invest in real estate

0

How a boy’s destiny turned from cotton grower to communications guru

0

Silent Billionaire Bosco Muwonge Buys Mukwano Arcade at UGX 250 Billion Cash Down

3rd July 2025 at 06:26

20-year-old Woman Arrested After Dr’ Spire’s Death at Kajjansi Lodge

2nd July 2025 at 22:19

© 2025 Watchdog Uganda

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
    • National
    • Politics
    • World News
    • Media Outreach Newswire
    • Africa News
    • Tourism
    • Community News
    • Luganda
    • Sports
      • Football
      • Motorsport
  • Op-Ed
    • #Out2Lunch
    • Conversations with
    • Politics
    • Relationships
  • Business
    • Agriculture
    • CEOs & Entrepreneurs,
    • Companies
    • Finance
    • Products
    • RealEstate
    • Technology
  • Entertainment
    • Lifestyle
  • People
    • Showbiz
      • Salon Mag
  • Special Report
    • Education
    • Voices
  • Reviews
    • Products
    • Events
    • Hotels
    • Restaurants
    • Places
  • WD-TV
  • Donate
  • China News

© 2025 Watchdog Uganda