By Mubiru Ivan
Bank of Africa has apologized to Dfcu Managing Director Juma Kisaame over his leaked USD40 million (shs150 billion) account details.
In a press release, Bank of Africa management says it carried out an extensive investigation and established that one of the staff was compromised to access Kisaame’s accounts whereby the confidential details relating to the accounts were leaked to the outsider and apparently used to create distorted allegations about Kisaame’s account details.
“The bank dissociates its self from the unprofessional and illegal actions by staff and those who may have corruptly procured them to carry out this misdeed. The bank has initiated necessary disciplinary proceedings against them and will make a formal criminal complaint,” the release partly reads adding “The bank wishes to apologize to Mr. Juma Kisaame for the inconvenience and damages caused by this regrettable incidence,”
Early this month, Kisaame was exposed for sneaking over shs150 billion (USD 40 million) into the country.
The said money was deposited on a dollar account number 01087990270 which Kisaame holds in Bank of Africa.
According to Spyreports, an online news site, as of March 1.2016, Kisaame’s account had a balance of USD 40 million before he started withdrawing spree and within four months, Kisaame had drained his account only remaining with USD 688.
MPs on the committee which is currently investigating Kisaame want Kisaame and Bank of Africa to be jointly investigated alongside Justine Bagyenda the former director supervision bank of Uganda for money laundering.
This comes at the time Auditor General’s report queried the manner in which Crane Bank was sold to Dfcu by Bank of Uganda.
Recently, it was disclosed by an insider at Dfcu that Kisaame was to call it a quit as the bank head at the end of his contract which is due to expire in December this year.
The bank, under Kisaame took over Crane Bank in a deal which made it the second largest bank in the country bank by assets. But the controversy surrounding its acquisition has since painted a picture of an institution with serious corporate governance concerns.
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