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IGG speaks out on Bagyenda investigation, meeting with UIA interdicted Executive Director

watchdog by watchdog
7 years ago
in News
1 0

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By our reporter

The Inspectorate of Government led by IGG Irene Mulyagonja has confirmed that it’s conducting investigations into Bank of Uganda’s outgoing Director in charge of supervision Justine Bagyenda.

In a press release, the Inspectorate said after the investigations, a report will be shared with relevant authorities only thus clarifying that the media reports circulating that the IGG is not conducting the investigations are false.

Early this year, a whistleblower petitioned the IGG claiming that Bagyenda had accumulated more than Shs 19 billion within a space of two years. The money, the whistleblower claimed had been put on bank accounts in various commercial banks.

She was also linked to 17 properties in central and western Uganda worth several billions.

On the other hand, the IGG also confirmed that it’s probing into the recruitment process at the Uganda Investment Authority (UIA).

The IGG further refuted claims that she secretly met with the UIA Executive Director Jolly Kaguhangire who was interdicted a few days ago over allegations of nepotism, corruption and incompetence.


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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