BOU Probe; Video footage pins Bagyenda

By Our Reporter

10^th Jan 2019

The parliamentary Committee on Commissions, Statutory Authorities and State Enterprises (COSASE) today reviewed the footage relating to the transfer of documents from the office of the former director of Supervision for Commercial banks at Bank of Uganda (BoU), Justine Bagyenda.

The brief footage captured on Wednesday March 14, 2018 at around 6.24 PM appears to confirm that documents were carried out of Bagyenda’s office using the back entrance to the bank.

Yesterday in a stormy session, Bagyenda conceded that she had taken documents out of the central bank even though she said most of them concerned her consultancy work and not the sale of commercial banks but insisted on having a look at the CCTV footage to verify what the committee accuses her of.

The grainy footage that run for less than five minutes shows a man and a lady that appears to be Bagyenda entering the bank accompanied by another lady presumably her security guard and carried out a big polythene bag containing what appears to be documents.

It further shows Bagyenda and a man presumably her driver with another bag containing documents enter a vehicle and take off without security checks.