BoU Currency Director Survives Coolers, Two Others Granted Bail

BoU Currency Director Survives Coolers, Two Others Granted Bail

By Our Reporter

Kampala: Anti-Corruption Court Grade One Magistrate Abert Asiimwe has today charged Mr. Charles Malinga Akol, the director of currency at Bank of Uganda (BoU) with abuse of office. He is accused of failing to collect the consignment and instead delegated his juniors to fly to German and bring the consignment that came with other items that did not belong to BoU.

Malinga is alleged to have committed the offence between March 1st and April 26th 2019 at Bank of Uganda.

He (Malinga) was directed to pay a cash bail of Shs40 million shillings, surrender his original land title in the names of his wife Joyce Nafuna Akol and both to give their original passports before Court. Among others who were granted bail was the branch manager Mbale branch Francis Kakeeto who was ordered to pay a cash bail of 30 million shillings and surrender  his land title before court plus his assistant Fred Vito Wanyama who has been ordered to pay 25million shillings cash. The sureties ordered to sign a court bond of 100 million shillings and 200 million shillings respectively and to ensure their return to court on August 2nd 2019.The magistrate advised them not to interfere with police investigations, witnesses and prosecution also ordered to speed up investigations.

Last Friday, these two BoU officials were charged at Anti-Corruption court sitting at Kololo Kampala, on allegations of inclusion of unauthorized cargo on BoU chartered plane.

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Francis Kakeeto, a branch manager at Mbale and Fred Wanyama were charged with abuse of office and in alternative corruption which they have both denied before magistrate Herbert Asiimwe.

While releasing them the magistrate ruled that it is their constitutional right to apply for bail, they are still innocent until proven guilty and that their sureties who include members of parliament and Bankers are substantial.

 

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