While appearing before the Justice Catherine Bamugemereire Commission on Tuesday, Rukutana said he wasnt well versed with the transaction between Dr. Muhammad Kasasa and government, adding that he was only engaged in the last stages of the transaction.
Winnie Ngabirwe, the coordinator of Publish What You Pay PYP Uganda, says the move is welcome because it opens the oil and gas sector in Uganda to citizen scrutiny. She says dealing in the oil and gas sector will no longer remain secretive as they have been in the past.
Speaking to journalists On Tuesday, the Katikkiro, Charles Peter Mayiga noted that although the meeting between the Kabaka and the president was closed, another meeting involving delegations from the two sides will be held.
The bank was in 1999 put under liquidation by the Central Bank which could later on 5th December 1998 take over its management and control. Between 5th December 1998 and 31st March 1999, a number of depositors withdrew their deposits culminating into the termination of the operations of Greenland Bank.
Prosecution told court that on September 29th, 2016 at Web Advocates and Solicitors along Lumumba Avenue in Kampala the duo with intent to defraud obtained US54, 600 207 Million Shillings from Yahya Osman Muhammad who was seeking to buy 265 kilograms of gold on behalf of AFWAF, a Dubai based firm.
On Monday a group of about 15 men believed to be court bailiffs backed by Hoima police stormed Rwensambya village to evict over 100 families settling on the disputed land measuring about two square miles.
Katto who appeared alongside the former ICB Board Director Charles Busekura attributed the bank closure to ill-intentioned staff in BoU with personal interest. Asked to reveal the names, Katto mentioned Apollo Obbo, Margaret Matovu, former BoU Director Edward Katimbo Mugwanya and others.
On Monday, a panel of three judges of the International Criminal Court approved the implementation of the six projects saying their execution will have no bearing on the ongoing trial of former LRA Commander Dominic Ongwen. It is unclear how much the projects will cost the Trust Funds for Victims to implement.
Moses Mukasa, whose taxi registration number UAX 460D was impounded because of worn out tires, said he was fine with the operation since some of their bosses pay less attention to the state of their vehicles.