BoU currency saga: Two officials remanded over inclusion of unauthorized cargo on plane

Bank of Uganda officials Fred Vito Wanyama (left) and Francis Kakeeto at the Anti Corruption Court in Kololo in Kampala on June 21, 2019. PHOTO BY ALEX ESAGALA

Two Bank of Uganda (BoU) officials have been arraigned before the Anticorruption Court and charged with corruption and abuse of office in connection with the ongoing currency saga.
The suspects, Francis Kakeeto, 36 and Fred Vito Wanyama, 42 are bankers at Central Bank.

Prosecution alleges that on April 26, between France, Belgium and Entebbe International Airport in Uganda, being employed as branch manager and assistant branch manager respectively, while on an assignment by their employer to carry out pre-shipment inspection of printed currency in France in abuse of their authority of their offices did an arbitrary act prejudicial to the interest of their employer to wit allowed the inclusion of unauthorized cargo on a cargo on a cargo plane fully chartered by Bank of Uganda.

It is alleged that the duo corruptly neglected to perform the said duty when they failed to refute and report the inclusion of unauthorized cargo on a plane fully chartered by Bank of Uganda.
They, however, denied the charges and were remanded to Luzira Prison until June 25.

Their attempt to apply for bail failed as the presiding grade one magistrate, Albert Asiimwe, found their sureties not substantial enough to guarantee their return to court if released.