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High Court freezes assets of Late Bank of Uganda Governor Mutebile

Matooke Republic by Matooke Republic
October 28, 2026
in News
Reading Time: 3 mins read
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The High Court in Kampala has temporarily stopped the administrators of the estate of former Bank of Uganda Governor Prof. Emmanuel Tumusiime Mutebile from selling, transferring or otherwise dealing with the estate’s property and funds as a dispute over its administration continues.

The interim orders were issued on October 27, 2026, by Deputy Registrar Suzanne Aisia Musooli of the Family Division in a case filed by Duncan Tumusiime Mutebile, a son of the late governor.

The court also issued separate orders preventing Duncan from being detained or confined in a psychiatric or mental health facility without further determination by the court.

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The case pits Duncan against Betty Tumusiime Mutebile (wife of Mutebile) and Kyomukama David Mutebile, whom court documents identify as administrators of Prof. Mutebile’s estate.

Under the orders, the two administrators, their agents and anyone acting on their behalf are prohibited from selling, transferring, leasing, mortgaging, charging, wasting or otherwise disposing of or encumbering any property belonging to the estate.

The court has also barred them from operating or withdrawing money from, transferring funds out of or otherwise dealing with a Bank of Baroda account held in the name of the late governor.

The restrictions are intended to preserve the estate’s assets while the court considers the dispute over its administration.

In a separate part of the ruling, the court restrained the respondents and anyone acting under their authority from causing, authorising or facilitating Duncan’s detention, admission or confinement in a psychiatric or mental health institution pending determination of the substantive application.

The court further directed Duncan’s lawful attorneys to ensure that he receives appropriate medical care and attention.

They were also directed to identify a suitable caregiver with whom Duncan is comfortable.

The orders therefore cover two key issues raised in the proceedings: protecting the assets of the late governor’s estate and safeguarding Duncan’s welfare while the legal dispute is being determined.

The orders were issued in Miscellaneous Application No. 4668 of 2026, arising from Miscellaneous Application No. 4666 of 2026 and Civil Suit No. 34 of 2026.

Prof. Mutebile, who served as Governor of the Bank of Uganda for about two decades, died in January 2022. His estate includes land, commercial buildings, company shares, agricultural assets, vehicles, bank accounts and pension benefits, according to the properties listed in the court dispute.

The assets listed include commercial premises on Mabua Road in Kololo, Kampala, as well as shares in Garuga Properties Limited, Bio Dairy Company Limited, Lake Bunyonyi Eco Resort Limited and Incafex Company Limited.

The list also includes several parcels of land across the country, including Block 18, Plot 224 in Kabale District; Block 16, Plots 170 and 176 in Bukoto, Kampala; and Plot 20, Folio 21, along Cohen Road in Kabale. Other land listed is located in Wakiso District and Bunga, Kampala, under Block 249, Plot 110.

Duncan further lists a matooke plantation in Lwengo District, forestry land in Nakaseke District and a farm with 85 Friesian cows.

Other assets named in the list include a Mercedes-Benz registered as UAK 925Q, a tractor, pension benefits from the Bank of Uganda and bank accounts reportedly held with Bank of Baroda, Stanbic Bank, Tropical Bank, Barclays, Orient Bank and DFCU Bank.

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Tags: Betty Tumusiime MutebileDavid Kyomukama MutebileDuncan Tumusiime MutebileHigh CourtTumusiime Mutebile
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