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Bank of Uganda security official granted bail

December 10, 2018 2:25 pm

By Ruth Anderah.

Bank of Uganda security official Beatrice Kyambadde has been granted a cash bail of 500,000 shillings and her sureties bonded 5 Million shillings not cash by City Hall Court grade one magistrate Patrick Talisuna .

The magistrate ruled that the offence of neglect of duty against Kyambadde are bailable, there is no threat that she will interfere with investigations and that she is innocent until proven guilty.

The Magistrate ordered kyambadde to report back to Court on January 14th 2019 to know the stage of investigations into the matter.

Kyambadde , a resident of Makerere Kavule Zone together with Charles Moro who are charged with the duty of manning security at the Central Bank, are accused of neglecting their duties to search people and bags that are coming in and getting out of the Bank hence leading to the disappearance of vital documents regarding the closure of several banks .

The duo were detained  by the parliamentary COSASE committee after failing to  explain how the said documents relating to the sale and liquidation of several banks including International Credit Bank, Cooperative banks Greenland Bank and Crane Bank went missing from Bank of Uganda custody.

Documents before court shows that Kyambadde committed the offence on  February 10th 2015 at Bank of Uganda.

However her-accused Charles Moro is to appear tomorrow December 11th for court also to consider his bail.

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MPs accuse Mutebile, Kasekende in Mbabazi bank closure

December 10, 2018 2:23 pm

By Moses Kyeyune.

Lawmakers on  Parliament’s Committee on Commissions, Statutory Authorities and State Enterprises have pinned the Governor Bank of Uganda, Prof Emmanuel Mutebile and his deputy Louis Kasekende accusing them of conflict of interest in the liquidation of the National Bank of Commerce.

The two have this afternoon been appearing before the committee led by Bugweri County MP Abdu Katuntu to answer audit queries relating to illegal closure.

The MPs including Francis Mwijukye of Buhweju County and Moses Kasibante of Rubaga North have accused the governor for being a shareholder in the Bank he was supposed to regulate.

The MPs also argue that there would be no form of impartiality exercised by Kasende  in matter where Mutebile, his boss had clear interest.

The National Bank of Commerce was closed in 2014 and its stake transferred to Crane Bank before it followed suit two years later.

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Muntu’s mew formation awaits approval from EC.

December 10, 2018 1:14 pm

By Damali Mukhaye.

The launch of the new formation of the former forum for democratic change president Mugish Muntu awaits clearance from the electoral commission.

Announcing the new formation Gen Muntu told the country recently that it would be launched before 25th of December when he broke away for FDC to form his own.

Speaking to KFM, the new formation mobiliser Alice Alaso says that they handed in the signatures from across the country to the electoral commission, awaiting clearance before launching it.

She says that they are optimistic that the EC will approve it before 25th so that they can launch it as had planned.

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Dr. Nyanzi further remanded to Luzira

December 10, 2018 1:11 pm

By Ruth Anderah.

A makerere University  Researcher Dr. Stellah Nyanzi accused of attacking the privacy of the President Museveni and his late mother Esteri Kokundeka has been further remanded to Luzira prison.

The case which had come up for hearing today was adjourned by a grade one magistrate at Buganda road Robert Mukanza in behalf of his colleague Gladys Kamasanyu who was reportedly away on official duties.

Now Dr.Nyanzi is to return back to court on December 19th 2018 for the hearing of the case to kick off before a trial magistrate.

Nyanzi charged with  2 counts of cyber harassment and offensive communication.

Prosecution states  that Nyanzi between the 16th and 17th September 2018 with an intention of disturbing the peace of the President M7 posted obscene messages on her official face book page(StellahNyanzi)  while attacking the privacy of the  President and that of his late mother Esteri.

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Matembe Human Rights will never be achieved if there is no separation of power

December 10, 2018 1:10 pm

By Ritah Kemigisa.

The Former Ethics and Integrity Minister Miria Matembe has expressed fear that Human Rights in Uganda will never be achieved if there is no separation of power.

Matembe argues that unless the executive stops interfering with activities of other arms of government like the Judiciary and the Legislature, violations of human rights will continue and the perpetrators will go unpunished.

She cites an example of the report carried out by the parliament’s Human Rights committee which was allegedly watered down by the executive and yet victims especially women are up today still leaving in pain and need financial help.

Matembe now says it is the responsibility of Ugandans to fight for the themselves to have the right Human rights they desire.

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DP makes U turn, back in IPOD meeting

December 10, 2018 1:09 pm


The Democratic Party has confirmed it will attend the Inter- party Organisation for Dialogue (Ipod) summit set for this week.

DP president Nobert Mao told the daily monitor last evening that “it was the party’s decision to engage” in the talks despite being skeptical about whether the resolution that will be agreed upon in the summit will be implemented.

Last week, the party had joined their Opposition counterparts, Forum for Democratic Change party, to reject attending such a meeting where Museveni, the NRM chairman is expected to attend.

Kenneth Kakande, the DP spokesperson, told journalists during a weekly press conference in Kampala last week that they cannot hold talks with NRM because they have lost the moral authority.

Mao said it was time to unite as opposition and defeat what he called a now weakened NRM”.

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