Whistle Blower Sneaks BoU Kasekende’s Un-declared Wealth To IGG!

Whistle Blower Sneaks BoU Kasekende’s Un-declared Wealth To IGG!

By our reporter 

A new report sneaked to the IGG’s office has  reveals that the Bank of Uganda (BoU) Deputy Governor, Dr Louis Kasekende has not declared all the wealth he owns as required by the Leadership Code Act 2002 whose aim is to stop public officials from embezzling public funds.

The Code requires leaders to declare their incomes, assets and liabilities that may be tracked in case a public official is suspected of getting involved in corruption scandals.

Now,TheSpy Uganda has chanced on documents revealing that Dr. Kasekende has eight undeclared plots of land worth billions of shillings in Buloba and Lower Naguru, a Kampala posh area.

The plots in question are ; Plot 38 (0.157 hectares) in Lower Naguru on East road worth Shs1.280 billion and Plot 1423 on block 314 in Buloba worth Shs432 million.

Others whose value is not quoted are; Plot 1738 (0.809 hectares), Plot 3213 (0.079 hectares), plot 1427 (3.647 hectares), plot 184 (2.7 hectares), plot 1754 (1.624 hectares) and plot 6102 (0.317 hectares). The plots are all found on block 314 in Buloba.

Meanwhile Kasekende was able to declare only five properties. They include; Plot 2A (0.142 Hectares) in Makindu worth Shs3.6 billion, Plot 2 (0.22 Hectares) on Bukoto Rise worth Shs2.7 billion, Block 314, plot 706, Plot 1475 Lubowa Estate work Shs3.6 billion and Plot 12 on Corporation Road Ntinda.

Kasekende is married to Edith Kasekende, and together are the parents of three children; George, Vivienne and Stuart. It may be remembered that TheSpy Uganda recently reported how Edith transacted mobile money worth of billions of shillings and a lot more monies on bank accounts. We reported how their son George, transacted hundreds of millions of shillings on his personal account in centenary bank. It is believed some of Kasekende’s properties and other wealth are in the names of his wife and the children.

Watch the space….

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