Matooke Republic
Friday, September 5, 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

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: 2 mins read
Dr Louis Kasekende

Dr Louis Kasekende

Share on FacebookShare on Twitter

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.

“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.

RELATED POSTS

Ruparelia Group’s new barge streamlines logistics to Paradise Island

Mwenda Hails Sudhir for investing 99% of his wealth in Uganda as RR Pearl  Tower One is opened

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.

Related

Tags: Kasekende
ShareTweetSend
Matooke Republic

Matooke Republic

Freshly peeled info from area code 256

Related Posts

Museveni petitioned to cause investigation and prosecution of former BoU officials

by Matooke Republic
5 years ago

...

CID officer investigating Kasekende case reportedly relieved of his duties

by Matooke Republic
5 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

...

Dr Louis Kasekende

IMF report calls for reforms at BoU recommends Kasekende shouldn’t return

by Matooke Republic
6 years ago

...

Dr Louis Kasekende

Unceremonious end: Kasekende hands over office after Museveni fails to renew his contract

by Matooke Republic
6 years ago

...

Next Post
Agness Akite

Season Two of Arise Women Comedy Jam set to crack ribs this Friday

Al-hajji Abdul Nadduli.

Tumukunde and his entire family have accumulated enough wealth, let him not bother Ugandans by standing for Presidency – Al-hajji Abdul Nadduli

RECOMMENDED

Speke Resort Munyonyo Hosts Inaugural Uganda Development Finance summit

September 5, 2025
Equity Bank awards Mr. John Magara, owner of Hoima Buffulo Hotel and Business Hub Limited- SME Business Influencer Award.

Equity Bank concludes ‘Tupange Business Ne Equity’ campaign in Hoima, empowering local SMEs

September 5, 2025
  • 642 Followers
  • 23.9k Followers

MOST VIEWED

  • Uganda vs Senegal: CAF reduces online ticket purchases per person ahead of quarter-final clash this Saturday

    575 shares
    Share 230 Tweet 144
  • How to buy tickets for CHAN 2024 matches in Uganda

    554 shares
    Share 222 Tweet 139
  • FULL LIST: Winners and Losers in the NRM CEC Elections

    143 shares
    Share 57 Tweet 36
  • Jose Chameleone’s wife Daniella Atim files for divorce over desertion and emotional neglect; Seeks custody of five children and ownership of Sseguku matrimonial home

    83 shares
    Share 33 Tweet 21
  • New Desire Luzinda nud3s leak: Is she back to naked past?

    244 shares
    Share 98 Tweet 61
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.