Al-Qaida linked group operates bank in Kampala

There is fear that a suspected Al-Qaida leaning group could be operating a small bank in Kampala where it bases to fund its activities around Africa. Uganda’s security intelligence is still investigating the validity of the development.

The development comes at a time when Al Shabaab Islamists have just hit a Shopping Mall in Nairobi where it killed over 60 non Muslims. The fear in Uganda’s capital Kampala follows news that a nurse whom the army had earlier along suspected to have been planning a grenade attack on military detachments is operating a small bank in Kampala.

Annet Namwanga, whom the Ugandan security intelligence networks arrested and prosecuted during 2011 general elections that she was planning a grenade attack is running ‘a Truth SACCO) (read microfinance bank) in Kampala. But it is president Museveni’s government which registered it to operate.

Namwanga, a former nurse at MulagoHospital, formed the Truth Sacco on March 5th, 2012 according to records in the government offices concerned. The President General of Uganda’s oldest opposition party in Uganda, Norbert Mao is seen many times recruiting customers for this bank. Mao has indeed opened a share holding account in Truth SACCO Uganda Limited with account number 1005000089.

Ends

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.