BoU UGX 60bn Heist: Accountant General, Eight Others Arrested.

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By Johnson Kanyesige

The Accountant General Lawerence Semakula and eight others have been arrested following the disappearance of $17M (UGX60B) from the Bank of Uganda (BOU).

Money mysteriously disappeared from BOU in September 2024 and ended up in foreign accounts in The United Kingdom (UK) and Asian countries such as Japan.

Since then, the  Criminal Investigations Directorate (CID) in collaboration with Defence Intelligence and Security (DIS) formerly Chieftaincy of Military Intelligence (CMI) has been interrogating various individuals from BOU, the Ministry of Finance and the Accountant General.

CID and DIS probe has zeroed in on nine individuals who orchestrated a hoax payment of a purported contractor and instructed BOU to disburse the money.

The others arrested are Jennifer Muhurizi, Mubarak Nansamba, Paul Lumala, Mark Kasuku, Judith Asaba, Deborah Kusiima, Tonny Yawe, and Priscilla Nayebare.

Assistant Commissioner of Police- ACP Kituuma Rusoke, the Police Spokesperson, confirmed the arrest of nine individuals. It is not clear what role each of the suspects played in the theft of 60 billion shillings.