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BoU fails to fire 12 staff for falsifying their age, instead offers them full retirement benefits 

Mubiru Ivan by Mubiru Ivan
6 years ago
in Business, Finance
26 2
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Bank of Uganda has failed to fire 12 of its staff who were found guilty of falsifying their age.

The bank has instead allowed them to voluntarily retire instead of outright dismissal as set down in the Central Bank’s Administration Manual, which means they will be entitled to benefits.

The senior staff are; Auka Modesto; Director of the National Payment System Department, Semugga Stephen; Director Administrative Services, Oketcho Solomon; Executive Director of Administrative Services, Opio Patrick; Assistant Director Security and Rumanzi Peter Ivan; Assistant Director of the Petroleum Fund.

Others include; Odonga Ekuka Sophie (Currency Department), Enyasu Julius (Security), Mpora Adonia (Administrative Services), Olonga Fred (Non banking institutions department), Katamba Simon Patrick (Commercial banking), Kaitesi Stella Lubega (Statistics)  and Wamurumba Peter Musai (Banking).

The anomaly was discovered after BoU Management asked all staff to submit copies of their National IDs and it was found out that 12 staff had different dates of birth from those submitted to the bank at the point of entry.

According to CEO EA Magazine, the board, in their November 2019 meeting agreed to have the staff retire voluntarily which would entitle them to their full benefits rather than outright dismissal- causing a loss to taxpayers.

On November 16, BoU’s Human Resource Director Dr. Jan Tibamwenda wrote to the Deputy Governor Louis Kasekende, seeking clarity on the board resolution.

“The purpose of this Memo is to seek your approval for the above-mentioned staff to voluntarily retire rather than considering the Administrative Manual (April 2018) penalty recommendation under section 6.9.11 that calls for outright dismissal.”

It is said Kasekende gave the approval, noting that the board had discussed the matter.


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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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.

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