Tororo District Deposited Shs267m On Kasekende’s Account


The Deputy Governor Bank of Uganda, Louis Kasekende received a whooping US $71,110 (appox (Shs267 million) from Tororo district. This unexplained action as left some leader perplexed and without answers.

The said money was deposited on a joint account number 8700110288700 Standard Chartered bank Speke Road in the names Louis and Edith Kasekende on May 18, 2018.According to the documents seen by Eagle Online, the leaders want to establish purpose the said money.

“We are shocked that the said money wasn’t even discussed in council and no one bothered to inform council. We got these documents from someone at Standard Chartered bank indicating that our district paid a deputy governor” a source told Eagle Online.

Authorities at the district remained tightlipped over the matter. Dr. Kasekende and a host of other top BoU leaders are under investigation by the IGG. The IGG wants 100 employees at BoU explain whether their wealth ties with their salary.

The IG’s interest into BoU follows revelation that top officials at the bank had accumulated a lot of wealth. And this was after a report by Auditor General over the closed and sold commercial banks pinned several leaders for culpability.

In the newest inquiry, the IG is said to be looking into the assets and liabilities of over 100 employees but more emphasis is being put on employees in supervision and banking departments.

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