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Ushs50b donor funds goes missing in Bank of Uganda

 

 

Uganda government officials at the Prime Minister’s office, Accountant General’s Office and Bank of Uganda colluded to embezzle donor funds that were meant for the reconstruction of war ravaged northern Uganda and Karamoja sub region.

The 2012 special value for money audit report reveals that officials from Accountant General’s office and Bank of Uganda stole 50 billion Uganda shillings.

The donor countries in Europe have many times closed their support to Uganda due to sophisticated embuzlement of public funds by the government officials and supporters of president Museveni.

According to PAC chairman in Uganda parliament, Kasiano Wadri, a sophisticated tangled web of collusion, saw colossal sums of money fraudulently transferred to dormant bank accounts with other billions of shillings paid to ghost suppliers of goods. Kasiano implicates former Permanent Secretary in Prime Minister’s office, Pius Bigirimana, Accountant General, Gustavo Bwoch and  Deputy Secretary to the Treasury, Keith Muhakanizi.

Sources show that Bigirimana fraudulently transferred Uganda shillings 1.8 billion from the holding account to purchase high-end cars for the Prime Minister and a host of ministers in the prime minister’s office.

Ends

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