National Bank of Commerce Shareholders Demand Shs290Bn In Compensation

Former Prime Minister Amama Mbabazi (C) and other shareholders of National Bank of Commerce appearing before COSASE on Monday. PHOTO BY Max Patrick Ocaido

Former Prime Minister Amama Mbabazi (C) and other shareholders of National Bank of Commerce appearing before COSASE on Monday. PHOTO CREDIT Max Patrick Ocaido Bereaved former shareholders of National Bank of Commerce appearing before the parliamentary Committee on Commissions, Statutory Authorities and State Enterprises (COSASE), which is investigating Bank of Uganda (BoU) over the controversial closure of seven commercial banks, on Monday demanded that Bank of Uganda compensates them with a financial gain Shs290bn. The unfortunate former shareholders include former Prime Minister John Patrick Amama Mbabazi, businessman Amos Nzeyi, former…

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