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Senior Post Bank personnel in fear as State House Anti-Corruption Unit begins probe

Caesar Abangirah by Caesar Abangirah
7 years ago
in National, News
16 1
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Post Bank Uganda is under special investigation by the State House Anti-Corruption Unit.
On Friday, the Unit, formed by President Museveni last year to fight corruption, carried out an  investigation on the dealings of the bank.
The investigations, according to a statement released Saturday, April 6 was carried out under Article 99 (4) of the Constitution of Uganda, in liaison with the Criminal Investigation Directorate acting under Article 120 (3) (a) and the Office of the Auditor General acting under Article 163 (3).
“The matter under investigation is for abuse of office and a number of senior bank personnel are under investigation,” the statement, signed by Lt. Col Edith Nakalema, the head of the unit, reads in part.
“This investigation is being carried out in consultation with Bank of Uganda and Ministry of Finance, Planning and Economic Development.”
Operations of the 93-year-old bank remain uninterrupted.
 Further updates to follow in due course

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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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