CITI Bank awards over 50 million shillings

Police confirms that CID is handling BOU saga

By Robert Segawa
Police revealed that the Directorate of Criminal Investigation has taken over the investigations into the irregularities surrounding the printing of money in the Bank of Uganda.

Last week a team of state house anti-corruption unit led by Lt Col Edith Nakalema accompanied by a joint security team raided the Bank of Uganda following allegations of the unauthorized printing of 90 Billion Shillings which was brought in the country through Entebbe international airport in May this year.

Addressing a new conference at police headquarters in Naguru, Fred Enanga the police Spokesperson noted that the police criminal Investigation division has now taken over full control of this investigations under the supervision of Assistant Inspector General Of Police Grace Akullo with assistance from the state house anti-corruption unit

Fred Enanga noted that the investigation team is aimed at knowing who authorized the printing of the extra money.

Enanga added that they have so far recorded several statements from Bank of Uganda directors who includes Director banking, Director legal, Auditors as well as officials of Uganda revenue authority Customs at Entebbe international airport and Entebbe handling service ( ENHANCE).

Enanga also revealed that police is still trying to obtain statement from lawyers of UN and other business men whose names were mentioned in this saga.
He adds that police investigation department carried on Search on homes of officials of Bank of Uganda to find out what extra money printed.

Enanga says that as per now they have six suspects in police custody as investigations still on going .