Matooke Republic
Monday, December 8, 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

MTN apologizes to Bagyenda over leaked mobile money records that indicated she wired Shs500m to her son

Matooke Republic by Matooke Republic
April 5, 2018
in Business
Reading Time: 2 mins read
Share on FacebookShare on Twitter
MTN Uganda headquarters.

MTN Uganda has issued a formal apology to former Bank of Uganda Executive Director (Supervision) Justine Bagyenda over leaked mobile records that indicated she sent close to Shs500m to her son Robert Muhumuza in a period of three years.

The mobile money records that leaked about a week ago showed the extent of Bagyenda’s wealth. Already, she is in the middle of a storm over her vast wealth that was not commensurate with her earnings.

Read about Bagyenda’s Shs500m mobile money transactions to her son here. 

RELATED POSTS

Anne Juuko resigns from Standard Bank Group

TotalEnergies Uganda debuts their new “T-Hive” offices anchored in Sudhir’s vision for modern workspace at RR Pearl Tower One

“We wish to unreservedly apologize to Ms. Justine Bagyenda for the inconvenience this incident may have caused her,” an MTN apology published in one of the local dailies reads.

Diamond Trust Bank and Barclays Bank had already issued apologies to Bagyenda when her account details indicating she had over Shs19 billion leaked.  

The apologies however served as confirmation of her vast wealth which prompted whistle blowers to inform Uganda Revenue Authority and the Inspectorate of Government to investigate her.

The Financial Intelligence Authority also picked interest in Bagyenda’s matters as her bank transactions were akin to money laundering.

Justine Bagyenda and her son Robert Muhumuza whom she sent Shs500m in several mobile money transactions.

Bagyenda is also linked to 17 prime properties valued at several billions in central and Western Uganda.

MTN said they had investigated the matter of Bagyenda’s mobile money records leaking and distanced the company from the issue, blaming some staff for “individual actions.”

“The internal investigation found some staff acted outside of established processes and procedures of handling confidential customer information. The errant staff have since handed over to the relevant authorities and are facing criminal prosecution for their individual actions,” the statement reads.

MTN went ahead to reassure customers that they always strive to handle customer information in a confidential manner.

“MTN Uganda Limited would like to assure the public that all confidential customer information is handled and protected with the highest duty of care and integrity, in accordance with the established laws, processes and procedures.

Related

Tags: Justine BagyendaMTN
Share2Tweet1Send
Matooke Republic

Matooke Republic

Freshly peeled info from area code 256

Related Posts

Victoria University partners with MTN to award scholarships

by Matooke Republic
4 years ago

...

DPP directs Police to arrest and search homes of Kasekende, Bagyenda and Sekabira over closed banks’ properties

by Matooke Republic
5 years ago

...

Justine Bagyenda, former Executive Director Commercial Banking, Bank of Uganda. COURTESY PHOTO.

Former Director at BoU Justine Bagyenda allegedly joins politics, to contest for Ntungamo MP seat

by William Kasoba
5 years ago

...

Bank of Uganda Headquarters.

ISO on board as Bagyenda, Kasekende and other BoU officials face fresh IGG investigations

by William Kasoba
6 years ago

...

Sudhir calls landmark BoU case win, a win against Mafia

by Matooke Republic
6 years ago

...

Next Post

Spice Diana is not joining Goodlyfe --- Manager refutes rumours

Geosteady releases new video with Nigeria's 'Godwin' star Korede Bello

RECOMMENDED

How security operatives arrested 17 armed suspects said to have participated in a series of robberies in Iganga

December 8, 2025

African Scientists Convene at Speke Resort for ACE Innovation Summit

December 8, 2025

MOST VIEWED

  • Anne Juuko.

    Anne Juuko resigns from Standard Bank Group

    154 shares
    Share 62 Tweet 39
  • Why sexy Bettinah Tianah quit her job at NTV

    83 shares
    Share 33 Tweet 21
  • Gen Sejusa warns NUP after youth imitates armed security during Bobi Wine’s campaign

    26 shares
    Share 10 Tweet 7
  • Veteran radio presenter Meddie Nsereko reportedly parts ways with CBS FM

    21 shares
    Share 8 Tweet 5
  • Sasha Ferguson hits back at Canary Mugume, urges him to seek help

    53 shares
    Share 21 Tweet 13
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.