Justine Bagyenda and Louis Kasekende


Two citizens have petitioned the Inspector General of Government demanding for a report into the investigation and prosecution of former Bank of Uganda Deputy Governor Louis Kasekende and former director of commercial banks supervision Justine Bagyenda.

The report that is being demanded for also looked into the conduct of Benedict Kasekende, the BoU Director for Financial Markets Development Coordination (FMDC) and Margaret Kasule, the BoU Director Legal.

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The former and current officials at the central bank are subject to different inquiries over their roles in the dubious closure of seven commercial banks.

In an  September 18,2020  letter that was filed to the Inspector of Government today, Kakuru Sam Brian-the lead petitioner and Habasa Nelson-the co-petitioner, demanded that a copy of a report into the conduct of the four officials should be made public.

“We are in receipt of your responses to a letter to one of co-petitioners to wit Kakuru Sam Brian on the above subject matter: REF HQT/CO/420/2020.In that response, you mentioned that you did investigations and made a report (2018) on the corruption scandals in the central bank by former Bank of Uganda officials, “reads their petition.

It adds that: “We, therefore, demand to get a copy of that report and recommendation since it is public information and as stakeholders in this matter, we would like to have a copy of that report.”

A parliamentary Committee that investigated the controversial closure of commercial banks recommended that the BoU officials that were involved should face the full wrath of the law.


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