By Catherine Apolot
Two pigs with posters of Juma Kisaame, the outgoing Managing Director of Dfcu Bank have today been dropped outside the Central Bank.
The pigs were dropped by yet to be identified ‘activist’ who protested against Kisaame’s alleged “corruption” and “misuse of office”.
Mr Kisame is a practicing Muslim.
Last month, bank details showing Kisaame had over Shs150 billion (USD 40 million) on his account emerged – but Bank of Africa distanced itself from the revelations. The said money was deposited on a dollar account number 01087990270.
According to Spyreports, an online news site, as of March 1, 2016, Kisaame’s account had a balance of USD 40 million before it was drained to just USD 688.
MPs on the committee which is currently investigating Kisaame want him and Bank of Africa to be jointly investigated alongside Justine Bagyenda the former director supervision Bank of Uganda for alleged money laundering.
This came at the time Auditor General’s report queried the manner in which Crane Bank was sold to dfcu by Bank of Uganda in 2017.
The bank, under Kisaame took over Crane Bank in a deal which made it the second largest bank in the country 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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