Kadaga Instructs Munyagwa To Stop Fresh BoU Probe


The Speaker of Parliament Rebecca Kadaga has said the Committee on Commissions, Statutory Authorities and State Enterprises (Cosase) led by Kawempe South Member of Parliament Mubarak Munyagwa has no authority to freshly investigate the alleged irregular closure of seven commercial banks by Bank of Uganda and it should refrain from taking any move into the matter. Kadaga’s order follows a number of petitions from concerned citizens asking her to stop Munyagwa from reopening the probe. One of the petitioners, Micheal Busingye said the probe would be a waste of time…

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