FDC call for Mutebile’s resignation

Tuesday June 25 2019

Central bank governor, Mr Emmanuel

Central bank governor, Mr Emmanuel Tumusiime-Mutebile. FILE PHOTO 

By Damali Mukhaye

Kampala. The Forum for Democratic Change (FDC) has called for the resignation of the central bank governor, Mr Emmanuel Tumusiime-Mutebile, following a string of scandals reported at the institution.

Their call followed the recent currency saga that is currently being investigated by police and State House, with some of the bank’s senior officials already charged and remanded by the Anti-Corruption Court over alleged corruption.

Addressing journalists yesterday at the FDC headquarters in Najjanankumbi, the party spokesperson, Mr Ibrahim Ssemujju Nganda, said Mr Mutebile should resign because it is clear he has failed to manage the bank.

“Mutebile should resign because he has failed to contain different scandals that keep happening one after another in the bank. I am sure he also does not know how they happen, since he just wakes up and some things have happened,” Mr Ssemujju said.

He added: “Mutebile should have gone long time ago, but the current government does not want him to leave. Since President Museveni appointed Mutebile, he should lay him off himself since he can no longer manage his house.”

Police are investigating the alleged printing of unauthorised extra currency by some Bank of Uganda officials following recovery of crucial documents during a joint security search at the suspects’ homes.


The investigation followed Mr Mutebile, who on June 2 wrote to State House to investigate an incident where a chartered UK airline carrying Uganda currency also carried extra private cargo of 13 extra bags alongside pallets of Bank of Uganda currency notes.

The chartered UK-based KUEHNE +NAGEL cargo plane delivered the consignment of Uganda currency at Entebbe on April 27.
The incident has since become complex with each government agency telling a contradicting version of the story.
At the same function, FDC welcomed the Landlord-Tenant Bill set to be passed by Parliament today.

He said although this is a good Bill meant to protect tenants from exploitation, government should also protect the landlords.
He said in the Bill, government puts the burden of maintaining the house in good condition on the landlords and not the tenants occupying the property warning that if the investors are hard pressed by the law, growth in housing sector is likely to be stifled.