On February 19th, 2019, the Inspector General of Government IGG Justice Irene Mulyagonja wrote to Col. Kaka Bagenda, the Director General of ISO to investigate outgoing COSASE members for allegedly soliciting bribes during their inquiries into the closure and sale of several commercial banks.
Former Vice Chairperson of the Committee on Commissions, Statutory Authorities and State Enterprises (COSASE) Anita Among and Aruu County South Member of Parliament, Odonga Otto say they are ready to answer bribery allegations levelled against them.
On February 19th, 2019, the Inspector General of Government (IGG) Justice Irene Mulyagonja wrote to Col. Kaka Bagenda, the Director General of ISO to investigate outgoing COSASE members for allegedly soliciting bribes during their inquiries into the closure and sale of several commercial banks.
The request was based on a complaint from undisclosed whistleblower indicating that during the inquiry the former committee Chairperson Abdu Katuntu, his deputy, Anita Among, Kasilo County MP, Elijah Okupa, and Aruu County South MP, Odonga Otto regularly met former Crane Bank Owner, Sudhir Ruparelia.
According to the letter, the whistleblower claimed that the committee members pocketed bribes from Sudhir, which explains why they refused to hand over the committee leadership when their term of office expired. The whistleblower also alleged that Katuntu received 400 million shillings from the Central Bank Governor, Emmanuel Tumusiime Mutebile for benchmarking with other Central Banks, which he didn't declare and wasn't accounted for.
It is alleged that it is for this reason that the committee members allowed Mutebile to feign ignorance that he knew nothing about the closure and sale of the commercial banks and wasn't made to take oath for cross-examination like other BOU officials.
Odonga Otto and Among say they are willing to answer any questions by ISO concerning the matter. Among said that the COSASE probe was open throughout and that ISO is free to go ahead with its investigation.
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Odonga says that the allegations are baseless. He is not a member of COSASE but appeared on the committee with documents relating to the wealth of Deputy Governor Louis Kasekende and former Bank of Uganda Executive Director Supervision Justine Bagyenda.
However, at the end of the probe, COSASE wrote to Kasekende exonerating him saying that the land title documents were not authentic.