{"id":7064,"date":"2018-03-02T11:02:57","date_gmt":"2018-03-02T08:02:57","guid":{"rendered":"https:\/\/www.ghafla.com\/ug\/?p=7064"},"modified":"2018-03-02T11:02:57","modified_gmt":"2018-03-02T08:02:57","slug":"bank-uganda-director-stole-billions-still-kept-job","status":"publish","type":"post","link":"https:\/\/www.ghafla.co.ke\/ug\/bank-uganda-director-stole-billions-still-kept-job\/","title":{"rendered":"How a Bank of Uganda Director stole billions but still kept her Job"},"content":{"rendered":"<p>Outgoing Bank of Uganda Supervision director Justine Bagyenda is a wealthy woman. Bagyenda was sent into early retirement by Bank of Uganda Governor Tumusiime Mutebile recently, but she has \u201cused\u201d her position to amass wealth as her leaked bank accounts indicate she has close to Shs20billion.<\/p>\n<p>Bagyenda who was set to retire in June was relieved of her duties prematurely by Mutebile and she sought the audience of President Museveni over the issue. Museveni reportedly told her BoU issues should be handled by BoU people.<\/p>\n<div class=\"td-g-rec td-g-rec-id-content_inline td_uid_6_5a98958413844_rand td_block_template_17 \"><\/div>\n<h4>So how did she keep her job?<\/h4>\n<p>\u201cShe was the director in charge of supervising commercial banks, so if she chose to look the other way in case of an anomaly, maybe she would be rewarded handsomely,\u201d a source told us.<\/p>\n<figure id=\"attachment_23226\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-23226 td-animation-stack-type0-2\" src=\"http:\/\/matookerepublic.com\/wp-content\/uploads\/2017\/08\/bagyenda25.jpg\" alt=\"\" width=\"680\" height=\"457\" \/><figcaption class=\"wp-caption-text\">BoU Governor Tumusiime Mutebile (R), sent Bagyenda packing from her job.\u00a0<\/figcaption><\/figure>\n<p><strong>Concealing the money?<\/strong><\/p>\n<p>Despite the fact that Bagyenda is a wealthy woman, if she told you that she was broke, you would probably accept if she gave you the evidence of her account balance. Most of her accounts reflect a zero balance. You need thorough scrutiny to realize that these are just \u201cclearing accounts\u201d for her undisclosed source of funds that she goes on to move to other accounts shortly after they are deposited.<\/p>\n<p>For example, by September 2017, she had only Shs48,000 on her shillings account, (no. 5106903903 Diamond Trust Bank),\u00a0 but the same account had received over Shs10billion between February 2014 and September 2017.<\/p>\n<p>Her dollar account (no. 5106903904) reflected a zero balance as of October 2017, but the same account had over $1m (about Shs3.5billion) \u00a0deposited on it from January 2014 to October 2017.<\/p>\n<p>It is only her Barclays Bank account (no. 0341581400) that reflected a \u201chealthy balance\u201d of Shs98m by November 2017, but even this is \u201cpeanuts\u201d considering Bagyenda\u2019s vast wealth.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Outgoing Bank of Uganda Supervision director Justine Bagyenda is a wealthy woman. Bagyenda was sent into early retirement by Bank of Uganda Governor Tumusiime Mutebile recently, but she has \u201cused\u201d her position to amass wealth as her leaked bank accounts indicate she has close to Shs20billion. Bagyenda who was set to retire in June was [&hellip;]<\/p>\n","protected":false},"author":6027,"featured_media":7077,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[6465,1101],"class_list":["post-7064","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-entertainment","tag-bank-of-uganda","tag-uganda-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How a Bank of Uganda Director stole billions but still kept her Job - Ghafla!Uganda<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghafla.co.ke\/ug\/bank-uganda-director-stole-billions-still-kept-job\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How a Bank of Uganda Director stole billions but still kept her Job - Ghafla!Uganda\" \/>\n<meta property=\"og:description\" content=\"Outgoing Bank of Uganda Supervision director Justine Bagyenda is a wealthy woman. Bagyenda was sent into early retirement by Bank of Uganda Governor Tumusiime Mutebile recently, but she has \u201cused\u201d her position to amass wealth as her leaked bank accounts indicate she has close to Shs20billion. Bagyenda who was set to retire in June was [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.ghafla.co.ke\/ug\/bank-uganda-director-stole-billions-still-kept-job\/\" \/>\n<meta property=\"og:site_name\" content=\"Ghafla!Uganda\" \/>\n<meta property=\"article:published_time\" content=\"2018-03-02T08:02:57+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.ghafla.co.ke\/ug\/wp-content\/uploads\/sites\/5\/2018\/03\/Bagyenda-Justine.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"680\" \/>\n\t<meta property=\"og:image:height\" content=\"452\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Desiree Miller\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Desiree Miller\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.ghafla.co.ke\/ug\/bank-uganda-director-stole-billions-still-kept-job\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.ghafla.co.ke\/ug\/bank-uganda-director-stole-billions-still-kept-job\/\"},\"author\":{\"name\":\"Desiree Miller\",\"@id\":\"https:\/\/www.ghafla.co.ke\/ug\/#\/schema\/person\/8bb7d07023187843081f2009328a19ab\"},\"headline\":\"How a Bank of Uganda Director stole billions but still kept her Job\",\"datePublished\":\"2018-03-02T08:02:57+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.ghafla.co.ke\/ug\/bank-uganda-director-stole-billions-still-kept-job\/\"},\"wordCount\":310,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.ghafla.co.ke\/ug\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.ghafla.co.ke\/ug\/bank-uganda-director-stole-billions-still-kept-job\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.ghafla.co.ke\/ug\/wp-content\/uploads\/sites\/5\/2018\/03\/Bagyenda-Justine.jpg\",\"keywords\":[\"Bank of Uganda\",\"Uganda News\"],\"articleSection\":[\"Entertainment\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.ghafla.co.ke\/ug\/bank-uganda-director-stole-billions-still-kept-job\/#respond\"]}],\"copyrightYear\":\"2018\",\"copyrightHolder\":{\"@id\":\"https:\/\/www.ghafla.co.ke\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.ghafla.co.ke\/ug\/bank-uganda-director-stole-billions-still-kept-job\/\",\"url\":\"https:\/\/www.ghafla.co.ke\/ug\/bank-uganda-director-stole-billions-still-kept-job\/\",\"name\":\"How a Bank of Uganda Director stole billions but still kept her Job - 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