The office of the Auditor General has started a special audit on the central bank in regards the currency saga that hit the bank, the Nile Post has learnt.
In June, the State House Anti-Corruption Unit stormed the central bank and arrested some officials over suspicion that they could have smuggled extra cargo on a plane which was carrying a consignment of newly-printed currency notes.
It was also alleged that some of the consignments that had been on the plane went missing.
In a July 26 letter to governor Emmanuel Tumusiime Mutebile, James Bantu, the Director of Forensics at the Auditor General’s office has indicated that acting on a letter from the Criminal Investigations Division of the Police, they have instituted a special audit at the central bank.
“The purpose of this letter is, therefore, to inform you that pursuant to Article 163 of the Constitution of the Republic of Uganda and sections 13 and 22 of the National Audit Act 2008, the Auditor General has commissioned a special audit in regard the above subject matter,” reads the letter in part.
According to the letter, the audit is being undertaken by Martin Wamboza,a principal auditor and Jasper Oketa, an auditor and these are to be supervised by Dr.Andrew Nsaba, a senior Principal Auditor and Kimuli Anthony, the Assistant Director in charge of Audit at the office of the Auditor General.
In the letter, the Auditor General’s office is asking the Bank of Uganda governor for an inception meeting on August 6.
A copy of the letter has been sent to the Director of Criminal Investigations Directorate, AIGP Grace Akullo.
According to information available, prior to the raid at the Central Bank, the head of the State House Anti- Corruption Unit, Lt.Col.Edith Nakalema met with President Museveni to discuss a confidential letter from the governor asking for investigations into the saga.
It stemmed from information that some of the BoU officials sent to London to inspect money printing could have sneaked extra cash but also carried unauthorized cargo on the central bank’s chartered plane.
The incident that happened in April 2019 saw the BoU team sent to London to collect the printed money notify Uganda Revenue Authority of an impending import of currency before requesting for quick clearance.
When the private chartered plane arrived, clearance was done by customs officials as the nom is for sensitive cargo before the consignment was loaded onto Bank of Uganda vehicles and driven to Kampala.
However, according to investigators, there were other consignments belonging to various individuals, companies and organizations which was offloaded into licenced bonds at the airport before owners paid taxes and underwent all the necessary procedures before being released.
This unusual conduct of loading private consignments on a Bank of Uganda chartered plane is what investigators are looking into to find out what exactly could have happened and the circumstances under which it was allowed.