The report indicated that an analysis of the Banks liquidity from 1st January to 24th January 2017 revealed that the financial institution had recovered from liquidity distress from mid-January 2017 to the time it was disposed on 25th January 2017.
COSASE pins former Director Commercial Banking, Benedict Sekabira and former Executive Director Justine Bagyenda as people who had conflict of interest in the transaction.
According to Kadaga, some chairpersons have stubbornly refused to hand over their work and are occupying two offices leaving their successors stranded.
Charles Victor Byarugaba, the Budget Advisor Ministry of Finance, said if government had resources, only Shillings 900 billion would be required for the facility
The Legal and Parliamentary Affairs Committee has directed the Attorney General, William Byaruhanga to give an opinion on whether the proposed National Local Content Bill, 2019 conflicts with the regional Protocol.
