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May 8 results
19:10
19:10

Bagyenda Allowed to Travel for Christmas Holiday justine bagyenda 1 1

COSASE Chairperson Abdu Katuntu, however, told Bagyenda that the committee will resume work on 8th January 2019 and that she will be expected to continue appearing before the committee alongside other witnesses. Katuntu told Bagyenda that if she does not appear as required, the committee will not issue summons but rather a warrant of arrest.
16:06
16:06

Bagyenda Applies for Passports to Travel for Christmas Holiday justine bagyenda 1 3

The passports were confiscated by parliaments Committee on Commissions, Statutory Authorities and State Enterprises COSASE early this month after Bagyenda snubbed the committee, where she was expected to respond to queries on the irregularities in the sale of commercial banks over the years.
19:17
19:17

BoU Acquired NBC Buyer Through Phone Calls justine bagyenda 1 4

According to Ben Sekabira, the Director Financial Markets Development Coordination at the Bank of Uganda, the National Bank of Commerce was facing a shortage of capital and battling a shareholder dispute which made it a risk. He, however, added that the potential buyer of the Bank was identified through phone between the former Executive Director Justine Bagyenda, Legal Counsel Margaret Kaggwa, lawyers from Max Advocates and former Crane Bank Managing Director A. R. Kalani.
17:36
17:36

Committee Pursues Global Trust Bank Sale Documents justine bagyenda 6 1

The Bank of Uganda says that Global Trust Bank, which had built a network of 23 branches at the time of its closure, had accumulated losses to a tune of 60 billion Shillings. The Bank which was valued at 75 billion Shillings was then handed over to DFCU Bank.
14:26
14:26

BOU Probe: COSASE Extends Bagyenda Summons to Thursday justine bagyenda 3 1

Abdu Katuntu, the Chairperson COSASE on Tuesday ruled that an arrest warrant will be issued should Bagyenda fail to appear on Thursday.
14:43
14:43

Bagyenda Travels Abroad, Sparks Fury in Parliament justine bagyenda 6 1 Top story

Abdu Katuntu, the Chairperson of the Committee on Commissions, Statutory Authorities and State Enterprises COSASE said he received this morning informing him that Bagyenda had flown abroad to attend to some engagements, which she confirmed long before the probe.
17:53
17:53

BoU's Bagyenda Out, Tumubweine in as ED Supervision justine bagyenda 1

Top level changes have occurred in Bank of Uganda, seeing the Executive Director of Supervision Justine Bagyenda going for early retirement. Bagyenda, holding one of the most powerful positions in the central bank, is being replaced by Dr Twinemanzi Tumubweine, the Director of Industry Affairs at Uganda Communications Commission.
19:08
19:08

Govt Did Not Capitalize Crane Bank - BOU justine bagyenda 3 1

Justine Bagyenda, the Central Bank Executive Director in charge of supervision told parliaments finance committee today that contrary to media reports, government did not capitalize Crane Bank. She faults the media for misrepresenting issuance of treasury bonds as capitalization of the Bank.
May 8 results