Uganda Police has today morning intercepted a group of demonstrating whistle blowers at Bank of Uganda who were holding and displaying Placards.
Most of the Placards had messages that were requesting the Inspector General of Government (IGG) and the Uganda Parliament to investigate Bank of Uganda’s Director Supervision Justine Bagyenda.
Mrs Justine Bagyenda is a stinking rich woman whose wealth can only be equaled to a few city business gurus.
We can exclusively reveal that Bagyenda owns several posh apartments in the Kampala upscale suburb of Naguru among other places.
We are not aware of any other job or business she has but certainly her BOU pay cannot be sufficient enough to finance her mega property investments.
Bagyenda earns a gross monthly salary of sh32m but her wealth is in billions and we cannot understand how she accumulated her wealth.
It is upon this background that the demonstrators want government to investigate the means through which she accumulated her this vast wealth.
Bagyenda is accused of failing to properly supervise commercial banks a thing which led to the collapse of a couple of them and they include among others Global Trust Bank, National Bank of Commerce, Greenland Bank, and recently Crane Bank.
Her failure to supervise the banking sector and her expansive wealth has been equally questioned by many people relating to alleged corruption inside Bank of Uganda.
It should also be remembered that at one time the Bank of Uganda governor Emmanuel Mutebile during one of the press conference addressing Crane Bank fate blamed Bagyenda for the collapse of the many banks in Uganda.