• 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 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
27 2
ShareTweetSendShare

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
Share6Tweet4SendShare

Related Posts

Business

Controversy Erupts Online as Journalist Calls Out Influencer Over Remarks on Tororo MP Aspirant Shyam Tanna

25th October 2025 at 00:35
Christmas Cheer at Speke Resort Munyonyo: Food, Music, and Memories
Business

Speke Resort Munyonyo Unveils 2025 Festive Season Programme

24th October 2025 at 00:22
Business

Paripesa Uganda Review: Top Reasons Ugandan Bettors Are Choosing Paripesa

23rd October 2025 at 20:18
Next Post

Uganda's UPDF Battle Group XXVI awarded AU medals in Somalia

  • NAGRC’s Super Goat Breed Poised to Transform Uganda into a Major Exporter

    3212 shares
    Share 1285 Tweet 803
  • Chris Rwakasisi: From Obote’s Security Minister to a Symbol of Forgiveness in Today’s Uganda

    40 shares
    Share 16 Tweet 10
  • Col. Samson Mande: Why I fled Uganda and how I reconciled with Museveni

    35 shares
    Share 14 Tweet 9
  • 10 dangerous hotspots known for prostitutes in Kampala

    1300 shares
    Share 520 Tweet 325
  • Gen. Chefe Ali: The Silent Storm Behind Uganda’s Liberation and Kenzo’s Legacy

    33 shares
    Share 13 Tweet 8
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

Agnes Namaganda

AGNES NAMAGANDA: Why born again believers ignore the mockery of atheists

26th October 2025 at 20:26

President Museveni to Catholics: Wor hard to support the Church, State and your families

26th October 2025 at 20:22

Check out

  • Trending
  • Comments
  • Latest

NAGRC’s Super Goat Breed Poised to Transform Uganda into a Major Exporter

17th September 2025 at 08:52
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
Sudhir Ruparelia is the undisputed king of Kampala

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
Agnes Namaganda

AGNES NAMAGANDA: Why born again believers ignore the mockery of atheists

26th October 2025 at 20:26

President Museveni to Catholics: Wor hard to support the Church, State and your families

26th October 2025 at 20:22

© 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