TRIPARTITE SAGA? Governor Tumusiime Mutebile, Deputy Governor Loius Kasekende and former Bank Supervision Executive Director Justine Bagyenda.

With just hardly a week when the Governor Bank of Uganda Emmanuel Tumusiime Mutebile made changes at central bank, all isn’t well as reports emerge that the number two executive at the bank isn’t happy with changes.
Sources told Eagle Online that whereas Mutebile made the changes, his deputy Dr. Louis Kasekende wasn’t happy because the changes came at when he was reportedly out of the country and therefore, thinks he didn’t have input. However, other sources within BoU allege that what could be annoying Dr. Kasekende is the fact that his longtime friend Justine Bagyenda was axed.
It is also alleged that clique of some disgruntled employees within the bank have been meeting some top official who was sacked in the restructuring telling them that they should file their grievances with the Inspector General of Government since they sat for interviews for posts of Deputy Directors but were never given jobs and have been left out in the recent restructuring.
sources say that that because of the changes, a section with BoU that Mutebile isn’t himself and is being driven by another group with BoU and therefore, they want him replaced by Kasekende.

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