The DTB statement on Ms Justine Bagyenda's accounts

Diamond Trust Bank (DTB) Uganda Limited have apologized to the former Executive Director in charge of Supervision at Bank of Uganda Justine Bagyenda over her leaked bank details.

Last week, we published a series of stories detailing the depths of Ms Bagyenda’s bank accounts she has with the bank, including one about how she has a whopping Shs20b sitting on two different accounts.

The stories prompted the bank to investigate the source of information in the bank, and the investigation, reportedly led them to one of their staff who, the Bank leadership claims, was ‘compromised’ and actively participated in leaking account details of their client.

‘The bank wishes to unreservedly apologise to Bagyenda for inconvenience and embarrassment that this regrettable incident has caused to her’ the DTB wrote.

“On March 1, 2018, it came to management’s attention that anonymous online publications were publishing articles about Ms Justine Bagyenda’s accounts/ deposit details with various banks including DTB Uganda Limited,” the statement adds.

It further reads: “Management carried out an extensive investigation and established that one of the staff was compromised to access Ms Bagyenda’s account in the bank’s system.

“Confidential details relating to the accounts were leaked to outsiders and apparently used to create grossly distorted allegations about Ms Bagyenda’s alleged account balances.”

The bank, without denying the authenticity of the stories, says it ‘abhors and disassociates’ itself from the unprofessional and illegal actions of the staff and those who may have corruptly procured the account details’ to carry out misdeed.

The matter has been referred to police for further investigations with the intention of bringing criminal charges against their staff, the DTB says.

“The bank has initiated necessary disciplinary proceedings against them and will make a formal criminal complaint.

After Eagle Online published investigative stories about Bank of Uganda and its officials from otherwise confidential documents, two officials from different financial institutions (including the DTB staff) were last evening questioned on suspicion of leaking the documents.

According to sources, the seconf person is one Shafiq Mpanga, a Bank of Uganda official who works in the supervision department.

And, with the DTB apology, it confirms our earlier story. Investigations carried out by Eagle Online revealed that Bagyenda had a bank balance of Shs19, 302, 441,183, details of three bank accounts which we obtained.

Earlier the EagleOnline had carried out investigations, establishing that the BoU was embroiled in scandals of overspending, one of them being the Shs4 billion payments to city lawyers handling the court case involving former Crane Bank owners and the Central Bank.