Hijacking: 9 senior officials arrested in Uganda : Orishas-finance

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Hijacking: 9 senior officials arrested in Uganda

05/02/2025

Source : ORISHAS FINANCE

Categories: Compliance

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Hijacking: 9 senior officials arrested in Uganda

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La police a informé que neuf hauts fonctionnaires du ministère ougandais des Finances were arrested on Tuesday for embezzling nearly $16 million intended to repay loans to the Bank. global and at the African Development Bank.

Uganda ranks 141st out of 180 countries in the Transparency International Corruption Index. The nine senior officials of the Ugandan Ministry of Finance will appear in court once the investigations are complete.

Among these nine senior officials at the Department of Finance is the Accountant General, Lawrence Semakula.

Le vice-gouverneur de la Banque d' Ouganda, Michael Atingi-Ego, avait révélé fin 2024 que funds had been misappropriated in a suspicious manner. According to information, more than six million dollars, in principle allocated to the repayment of a loan to the World Bank style="font-family: "Bookman Old Style”, serif">, had been diverted to a Japanese entity at the mid-September. 8,5 millions de dollars destinés à la Banque africaine de développement (

BAD ) were diverted to an account in Great Britain a few weeks later.

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