It has also emerged that Dr. Louis Kasekende, the BoU Deputy Governor, is a subject of undergoing Inspectorate of Government audit on his incomes, assets and liabilities following an 18th October 2018 order by the Director, Leadership Code, at the watchdog.
According to the letter titled: Verification of Your Declarations of Income, Assets & Liabilities, says;
“This is to notify you of the decision by the Inspectorate of Government to conduct a verification of your income, assets and liabilities as provided under Section 4 C of the Leadership Code Act, 2002. The verification exercise shall commence within 7 days from the date of this letter, “ wrote Ms Twine adding that: “Mr Victor Acidri, a senior Principal Inspectorate Officer and Ms. Doreen Tusiime an Inspectorate Officer have been authorized to conduct the verification exercise and obtain information in respect of this matter.”
“Please accord them the necessary assistance and cooperation they require,” further wrote Twine.
Asked on the phone if Kasekende was cooperating, Twine said that this was an investigation covering all Bank of Uganda officials supposed to declare their wealth as per the Leadership Code and did not cover Kasekende only.
Of late, Kasekende’s declaration of wealth has come under public dispute with several leaks indicating he either directly or through family members and proxies owns several properties and shares in several companies, that he did not declare to the IGG.
Neither has Kasekende or any of his family members come out to comment openly on the allegations.
Several BoU officials are being probed by Parliament’s COSASE over the way they handled the statutory seizure and or subsequent disposal of the assets and liabilities of seven defunct banks. The probe, which is being backed by an audit by the Auditor General has uncovered several irregularities and several gaps- that BoU officials are yet to explain.
