BoU Law Firm, Auditor Are Kasekende Wife’s Top Clients

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A top lawyer of Bank of Uganda (BoU) is also a top client of Inspire Talent, a company owned by Edith Kasekende (in featured photo), the wife to BoU Deputy Governor, Dr. Louis Kasekende.According to Inspire Talent website, AF Mpanga Advocates owned by David Mpanga is one of their top clients. The law firm is also a top client of BoU.

It should be noted that last week, bank account details of Edith leaked to the public showing billions transacted within a short period of time.However, Standard Chartered Bank, where Edith runs an Easy Go account (number withheld for security reasons) said the leaked statement wasn’t factual and didn’t originate from the bank.

Other top clients of Inspire Talent are Kampala Capital City Authority (KCCA),PricewaterhouseCoopers (PwC), Liberty (an insurance firm) and ICS. PwC is a former auditor of BoU.

The revelation comes at a time when reports indicate that the Inspector General of Government (IGG) is now investigating several Bank of Uganda (BoU) officials over alleged illicit accumulation of wealth.

With former BoU director for supervision of commercial banks Justine Bagyenda already investigated by the Financial Intelligence Authority (FIA) over allegations of illicit accumulation of wealth and allegations of money laundering, the IGG is now closely looking at the wealth of several senior BoU officials, including the Governor, Emmanuel Tumusiime-Mutebile and his deputy Louis A. Kasekende.

The declaration of income, assets and liabilities forms filled by Dr Kasekende shows that he owns property worth about Shs8 billion in upscale areas of Kampala, Wakiso and other areas. He is also a shareholder of Green Hill schools, a farm in Bukasa valued at Shs500 million and several commercial

buildings which fetch millions of shillings in rent per year. In the declaration form, Dr Kasekende says he picked loans from commercial banks and used his statutory salary, savings from research, gratuity payments and travel allowances to build rentals and acquire the assets.

The above revelation may raise questions of conflict of interest and professionalism.

About Edith Kasekende

She is a Human Capital Consultant and a Trained Coach with inspire Talent. She possesses more than 15 years hands on experience in Human Resources Operations, Strategy, Policy development, Staff Retention and Staff Engagement and this experience was gained in the aviation sector, the insurance sector, and 10 years with PricewaterhouseCoopers.

Founded in 2015, Inspire Talent is a Human Resources and Talent management consultancy in both public and private sectors with wide experience of providing human resource and talent management solutions in Uganda.

Source: Business Focus

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