In a shocking case of international fraud, where ruthless Ugandans fleeced an American investor Robert Tunner in a fake gold deal, Stanbic Bank officials are said to be in panic mode as DPP sanctions their files for immediate arrest and prosecution. These top ma
An investigation into the recent arrest of accountant general Lawrence Semakula and eight other Finance ministry staff has drawn in the names of Kiryowa Kiwanuka and Ramathan Gggobi as being at the centre of a conspiracy to mudsling and punish Semakula.
A massive scandal involving a Shs 1 trillion project has rocked the National Information Technology Authority of Uganda (NITA-U) as the World Bank uncovers significant corruption and mismanagement. The Uganda Digital Acceleration Project (UDAP), worth USD 200 million (about Shs 1 trillion), has b
Hon. Barnabas Tinkasimire, the Member of Parliament for Buyaga County, appeared on NBS TV’s Morning Breeze with Simon Kaggwa Njala, where he shared his thoughts on various pressing topics in Uganda’s political sphere.
Dr. Michael Atingi-Ego (L), the newly appointed Governor of the Bank of Uganda, and Prof. Agustus Nuwagaba (R), the new Deputy Governor, take the reins at the central bankKampala, Uganda – President Yoweri Museveni has appointed Dr. Michael At
Sharif Sekajigo will not be able to return to kyeyo in Qatar after he was shot by a security guard assigned to a building called Twin Mall along Ttuula road in Kawempe.Eyewitnesses report that he was killed follow
On Tuesday, February 4, 2025, an Indian businessman was robbed of Shs50 million by unknown assailants in Iganga District, Eastern Uganda.The robbery occurred in Kasokoso village, Iganga Municipality, as the busine
The Criminal Investigations Directorate (CID) of Uganda has arrested seven individuals from the Ministry of Finance and Bank of Uganda following a three-month investigation into the disappearance of USD 16 million (approximately UGX 60 billion) from the Bank of
The Directorate of Criminal Investigations has today netted top 9 officials from Bank of Uganda and Ministry of Finance who participated in the swindling of $16m totaling to shs 60bn from Bank of Uganda account last year, We have learnt. According to information
In a major crackdown on financial malpractice within government institutions, Uganda’s Criminal Investigations Directorate (CID) has arrested nine senior officials from the Ministry of Finance over their alleged involvement in the fraudulent diversion of Shs 6
