Warning: Trying to access array offset on value of type bool in /usr/www/users/urnnet/a/story.php on line 43
BoU Probe: Bagyenda To Appear On Monday :: Uganda Radionetwork
Breaking

BoU Probe: Bagyenda To Appear On Monday

The Committee on Commissions, Statutory Authorities and State Enterprises COSASE has granted a request by former Bank of Uganda BOU Executive Director Supervision, Justine Bagyenda to appear on Monday next week.
Former BOU Executive Director Supervision Justine Bagyenda appearing before COSASE recently.

Audio 3

The Committee on Commissions, Statutory Authorities and State Enterprises (COSASE) has granted a request by former Bank of Uganda (BOU) Executive Director Supervision, Justine Bagyenda to appear on December 3rd.

This is the second time the committee chaired by Bugweri County MP Abdu Katuntu is extending summons to Bagyenda.

She was initially expected to appear before COSASE on November 27th, but through her lawyers under Kirunda Wesige & Co Advocates requested to be away since she was traveling from the USA. He lawyer Robert Kirunda then indicated that she has flown out of the country to attend the International Trauma Summit in Houston at the invitation of the World Federation of Mental Health.  

However, the committee then gave her an extension of two days to appear today with Katuntu saying that an arrest warrant would be issued if she failed to turn up.  

After failing to appear before the committee today,  Katuntu noted that he had received another letter from Kirunda Wesige & Co Advocates indicating that Bagyenda is set to depart Houston Texas on November 30th and arrive at Entebbe Airport on December 2nd.

//Cue in: “our client was...

Cue out:...at your disposal.”//  

Katuntu disagreed with the lawyers to keep Bagyenda's travel details in confidence as requested in the letter.  

//Cue in: “given her security...

Cue out:...was not necessary.”//  

He granted Bagyenda's request for the committee to extend her summons to Monday noting that an air ticket had been attached on the letter together with a receipt of payment for the ticket.  

//Cue in: “as of now...

Cue out:...you have requested.”//  

Katuntu however said that failure for Bagyenda to appear on Monday as requested would result to an arrest warrant being issued.

Bagyenda's presence before the committee is crucial according to Katuntu who has steered committee proceedings that have lately been unsuccessful in obtaining key progressive reports on the liquidation of assets of closed banks.