Bank of Uganda boss Mutebile thrown out by Ad hoc committee

The Members of Parliament on the adhoc committee investigating the bribery cases in the oil sector have today thrown out the Bank of Uganda governor Emmanuel Mutebile for attending to them unprepared.

Mutebile had been summoned by the committee to explain the One trillion shillings the Uganda Revenue Authority executive director, Allen Kagina said has so far been collected from the oil sector.

While asking the Central Bank governor why the money was kept in Uganda shillings instead of dollars, the governor wanted to give the legislators explanation by word of mouth which the legislators declined asking him to get out and make a written statement.

Hussein Kyanjo one of the members on the ad hoc committee says that the One trillion was supposed to be kept in dollars because it was going to be spent during the construction of Karuma dam, which was costed in dollars.

Ultimate Media

 

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