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Whistle blower petitions IGG to investigate Kasekende, claiming he directly benefitted from Crane Bank sale

Matooke Republic by Matooke Republic
March 4, 2020
in Uncategorized
Reading Time: 2min read
Dr Louis Kasekende

Dr Louis Kasekende

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It is not just an expiry of a contract for former Bank of Uganda Deputy Governor Louis Kasekende as he will be investigated for corruption if a whistle blower who has petitioned the IGG’s office has way.

In a letter received by the Inspector General of Government on Monday March 2, the whistle blower claims Kasekende directly benefited from the controversial sale of Crane Bank in January 2017.

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“Mr Kasekende was involved in the selling of Crane Bank. He chaired all meetings but there were no meeting minutes when they were dissolving Crane Bank. Juma Kisami former Managing Direcrot DFCU Bank wired money to Kasekende’s account in Zambia,” the whistle blower whose identity is kept anonymous as is the norm to build confidence among people with information against public officials wrote.

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In the letter, he said that he had evidence to back his claims.

The whistle blower also says much of Kasekende’s wealth was not declared in accordance with the Leadership Code Act 2002, which stipulates that all public servants and leaders are required to declare their wealth to the IGG.

Last year, Kasekende declared his wealth to the IGG’s office indicating that he owns Plot 3 Ggaba Close valued at Shs2.1bn, Plot 1475, Lubowa Est in Wakiso (2bn), Plot 12 Corporation Road Ntinda (Shs390m), Plot 2 Bukoto Rise, Naguru (Shs1.3bn), Plot 2B Makindo Lane, Kololo (Shs2bn) and Buloba Plot 706 Block 314 (Shs500m). He said he earns rental income of up to $13,233 (about Shs50m) per month.

The whistle blower insists that Kasekende has more property in the names of his driver Moses Musiiitwa.

“Mr Kasekende and the wife Judith Kasekende own other properties in the United Kingdom which IGG needs to investigate. Property evidence is attached. Many witnesses are ready to give evidence to that effect so long as they are protected by your office,” the whistle blower added.

“I will be grateful if your office starts investigations and stops the new appointment of Kasekende in Bank of Uganda or any other post,” he concluded.

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