Security officer named in BOU scandal granted bail

By Sania Babirye

One of the security officials from Bank of Uganda who was charged with neglecting her duties has been granted bail by City hall court.

Grade one magistrate Patrick Talisuna has offered Beatrice Kyambade to pay 500, 000 in cash and report back to court on the 14th of January 2019, to know the status of their case’s investigations.
However her co accused Charles Mollo could not be granted bail because he was not produced in court by Luzira prison authorities.
The prison officers have informed grade one magistrate Beatrice Kainza that they were ordered to produce Mollo in court tomorrow the 11th of December 2018.

The duo were charged and remanded to Luzira prison this week after they were arrested on Thursday last week on the orders of the parliamentary committee on commissions, statutory Authorities and state enterprises in relation to the disappearance of some documents of the closed commercial banks.

The committee faulted them on how they failed to explain how the alleged crucial documents in related to the closed and liquidated banks disappeared from Bank of Uganda they were guarding.

Prosecution states that the two suspects being charged with the duty of manning security at the Central Bank, neglected their duties to search people and bags that are coming in and getting out of the Bank hence leading to the disappearance of vital documents regarding the closure and sale of several banks .

The disappeared documents relates to the sale and liquidation of several banks including International Credit Bank, Cooperative bank and , Greenland Bank.

According to documents before court, Kyambadde committed the offense on 10th of February 2015 while Moro committed his in March 2018 at Bank of Uganda.