Matooke Republic
Thursday, August 7, 2025
  • Home
  • News
  • Entertainment
  • Gossip
  • Features
  • Business
  • Sports
  • Health
  • Photos
  • Relationships
Matooke Republic
  • Home
  • News
  • Entertainment
  • Gossip
  • Features
  • Business
  • Sports
  • Health
  • Photos
  • Relationships
No Result
View All Result
Matooke Republic
No Result
View All Result

IGG petitioned over Bagyenda as more properties are revealed

Matooke Republic by Matooke Republic
August 16, 2017
in Featured Stories, News
Reading Time: 2 mins read
15
SHARES
Share on FacebookShare on Twitter

The office of the Inspector General of Government has been petitioned over properties belonging to Bank of Uganda’s Director of Supervision, Justine Bagyenda.

Dickwitington Kimeze, a social worker who has branded himself as a fighter of corruption instructed his lawyers to write to the IGG in regards to Bagyenda’s wealth, which he contends has not been declared.

RELATED POSTS

Katumba Wamala, Otema, Charles Angina, Godfrey Katsigazi Tumusiime, and Abel Kandiho among the top army generals set to retire

From acting as Museveni to sleeping on the floor: 27 Guns actor Arnold Mubangizi opens up on broken dreams, stigma, and struggles after fame

Justine Bagyenda.

Government stipulates that leaders must declare their wealth with the IGG’s office. Not declaring or under-declaring of wealth constitutes an offence.

“The purpose of this letter is to inform you that our client is in possession of information leading to some of properties of Ms Justine Bagyenda, he strongly believes weren’t declared in the “Declaration of Income, Assets, and Liabilities as required by the Leadership Code Act of 2002,” reads part of the letter that was drawn by Denis Nyombi, an advocate.

The letter that was received by the IGG’s office on August 11 was also copied to Ms Rebecca Kadaga, the Speaker of Parliament and Fr Simon Lokodo, the State Minister for Ethics and Integrity.

Bagyenda’s name came into the public domain following the receivership of Crane Bank last October and Bank of Uganda subsequently suing former owner Sudhir Ruparelia for allegedly siphoning money out of the bank.

Dfcu took over Crane Bank in January this year.

BoU was criticised for incompetence and possible collusion in handling its supervision role over the bank, and governor Tumusiime Mutebile passed the buck on criminal culpability to Bagyenda who is the Director of Supervision.

Meanwhile as BoU sued the businessman for Shs400b, Sudhir filed a counter-suit of Shs600b over non-performing loans and their securities. It should be recalled that Sudhir blamed Crane Bank’s woes on non-performing loans.

Kimeze’s call for the IGG to take interest in Bagyenda follows the Ministry of Lands registry confirming that she owns prime assets valued at several billion shillings in prime areas like Mbuya, Bugolobi, Naguru and Nakawa.  

Related

Tags: BoUIGGJustine Bagyenda
Share6Tweet4Send
Matooke Republic

Matooke Republic

Freshly peeled info from area code 256

Related Posts

Soldiers to declare wealth, says IGG Kamya

by Matooke Republic
2 years ago

...

David Livingstone Ebiru, the Executive Director of Uganda National Bureau of Standards (UNBS).

IGG orders arrest of UNBS boss Ebiru

by Matooke Republic
2 years ago

...

Court dismisses “incompetent application” by BoU to drop fraudulent and wrongful closure case brought against it by defunct Greenland Bank shareholders

by Matooke Republic
3 years ago

...

BoU warns public against using cryptocurrencies to transact businesses, says it’s illegal

by Matooke Republic
3 years ago

...

BoU sued for failure to conclude Greenland Bank liquidation 21 years later

by Matooke Republic
3 years ago

...

Next Post

A Pass to release new album this year

We are moving to supreme court to challenge 'computer generated president' --- Raila Odinga

RECOMMENDED

Speke Resort Munyonyo partners with Lubaga Hospital to host staff health camp

August 7, 2025

Sandra Teta arrested for allegedly injuring baby daddy Weasel

August 7, 2025
  • 643 Followers
  • 23.9k Followers

MOST VIEWED

  • Here is how to use NIRA’s new online portal to register or renew your national ID

    4130 shares
    Share 1652 Tweet 1033
  • How to buy tickets for CHAN 2024 matches in Uganda

    184 shares
    Share 74 Tweet 46
  • Muhoozi’s son Ruhamya joins the army as a Private

    122 shares
    Share 49 Tweet 31
  • Police release audio of prime suspect in murder of Entebbe elderly couple, offer Shs50 million reward for information leading to arrest of attacker

    116 shares
    Share 46 Tweet 29
  • Gen. Katumba Wamala’s son weds Gen. Hudson Mukasa’s daughter

    81 shares
    Share 32 Tweet 20
Matooke Republic

Uganda's only free Newspaper. Out every Thursday. Freshly peeled info. kiwatule, Kampala, Uganda.

  • Home
  • News
  • Entertainment
  • Gossip
  • Features
  • Business
  • Sports
  • Health
  • Photos

© Matooke Republic 2024

© Matooke Republic 2024

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.