Heads Set To Roll After Museveni Orders Probe Into BoU Shs2 Trillion Loss
By Elite Reporter
President Yoweri Kaguta Museveni has ordered an investigation
into the Bank of Uganda (BoU) loss of 2 trillion, with an aim of discovering how
it happened.
This website has established that the President
ordered the Internal Security Organisation (ISO) and Inspector General of
Government (IGG) to investigate the matter and leave no stone unturned.
It should be noted that over the years, BoU has
resisted all forms of audit from other government agencies, not forgetting it's
board was/is chaired by the same people that run the institution on a day to
day basis, leaving very little space for audit.
The institution operates with two heads; that is the
Governor and Deputy Governor, just like any other banking institution. Those
who are not familiar with bank manag...
