Five senior members of staff of a petroleum firm, Total Uganda have been granted 20million cash bail after spending four days in jail.
The company dragged its staff to court on allegations that they caused a financial loss of Shs 28billion stolen through collusion between company staff and the fuel dealers during a period of two years at total head office and other offices in Mukono, Wakiso and Kampala.
Appearing before Anti-corruption Chief Magistrate, Pamella Lamunu Ochaya earlier today, the five were temporarily released on grounds that it’s their constitutional right and that they are presumed innocent till proven guilty.
The Magistrate also directed that they should to each to deposit their land titles, passports and ordered the 15 sureties to sign a non-cash bond of Shs 800m each to ensure that the suspects return to whenever they are required.
The suspects include; Priscillah Nansikombi (a cashier), Belinda Nakasi (treasury assistant and taxation accountant) and Moses Sebalu (a treasury officer and senior accountant).
The were on Friday produced before Anti-corruption Grade One Magistrate, Moses Nabende and charged with embezzlement of Shs 28billion worth of petroleum products, electronic fraud and conspiracy to defraud. They however denied all charges and remanded to Luzira prison.