Big Story! Stanbic Bank, Sheila Namahe in Deeper Waters As SHACU Finally Submits Robert Turner’s USD 1m Fake Gold Deal File to DPP for Prosection!

By Spy Uganda Investigations Desk

In a significant breakthrough for justice, TheSpy Uganda can confirm positive progress in the fake gold deal scandal where American businessman Robert Turner lost over USD 840,000. The file, which had been under investigation by the State House Anti-Corruption Unit (SHACU) for several months, has now been officially submitted to the Office of the Director of Public Prosecutions (ODPP) for prosecution.

Last week, Chief Spy Andrew Irumba, under TheSpy Uganda, successfully coordinated a crucial Zoom meeting between Her Lordship Justice Jane Frances Abodo (the DPP), Chief Prosecutor Jonathan Muwaganya (Head of the Investment Crimes Prosecution Unit), and Mr. Turner himself. The half an hour session reaffirmed the DPP’s commitment to pursue the matter with the seriousness it deserves. Although Turner, over phone looked disappointed by what he has so far gone through as he sought for justice in Uganda,was later comforted by the DPP’s zeal to fight dispense justice to investors in Uganda that are begining to loose interest investing in the country. Turner told DPP that he was loosing interest in the Judiciary systems of Uganda because everywhere he had been, he had been asked to ‘facilitate’ the process, and that they ask for a lot of money in dollars. “I have been coming to Uganda to seek for justice, sleeping in Hotel for months,you arrive in Kampala every office you reach they want bribe,those supposed to investigate corruption are also asking for corruption,I got tired and went back to US, that’s why I’m now on zoom, because I have just been in Kampala last week,” Turner told DPP.

However DPP settled his fears this; “Mr Turner, it’s unfortunate that you’ve had such experiences, that shouldn’t happen, as ODPP, we’re yet to receive your file. I’m going to ask my team to follow it up, once it arrives here,be rest assured that you will get justice. Your case is not going to be the 1st to give justice,we’ve been giving justice to hundreds of people, whether Ugandan or not, so take, I understand your frustration,but now that we’re aware, Mr Muwaganya who is the head of that Unit,under which your case falls is taking it up himself,” Abodo assured Turner.

The complex case centers around Maxim Advocates, a law firm run by Sheila Namahe Wagidoso, daughter of former Ambassador to China, Charles Madibo Wagidoso, and involves Stanbic Bank Uganda, where the illicit funds were reportedly channeled. Other players include a Somali refugee businessman running a multi-billion-dollar Hawala operation in Kampala.

Investigations have pointed to serious irregularities at Stanbic Bank, with insider involvement being probed. In particular, a staff member, Rachael Tamale, has been singled out for allegedly breaching internal procedures, allowing the suspicious transactions to proceed unchecked within record time. Investigators are probing whether Stanbic Bank as an institution was complicit or if rogue employees acted independently for personal gain.

According to sources close to the investigation, money laundering and deliberate financial fraud are at the center of the case. “We want to know whether the Bank is involved in money laundering and financial fraud knowingly or it’s a game by the staff as individuals—we will find out,” a source told TheSpy Uganda.

The file’s transfer to the ODPP marks a turning point in Turner’s long wait for justice. The assignment of Chief Prosecutor Muwaganya himself to personally lead the case underscores the gravity with which the ODPP is treating the matter.

In our previous conversation with Stanbic PRO, the Bank declined to comment on the matter arguing the matter was still under investigations.

Stay tuned to TheSpy Uganda for more exclusive updates on this as the case heads towards prosecution—and potentially, a historic judgment in the fight against financial crime in Uganda.

Full previous details here: The USD 1M Fake Gold Deal! Investigations Point To Money Laundering