SHOCKER: No Records for 4Bn BoU Gave MMAKS Advocates

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Members of Parliament were stunned on Tuesday when MMAKS Advocates failed to produce a single document from a transaction of staggering Shs 4bn they received from Bank of Uganda during the sale of Crane Bank. MMAKS Advocates boss, Timothy Masembe Kanyerezi interfaced with Members of Parliament from the committee on Commission, Statutory Authority and State Enterprises, who are investigating the sale of defunct commercial banks. Scheduled to appear in the morning at 10am in the morning, Masembe instead reported to Parliament in the afternoon, and more so, without the required…

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