Bank of Uganda makes staff changes at currency centres
The central bank has started the process of shuffling staff at its nine currency centres to improve efficiency and strengthen internal controls, The Nile Post has learnt.
Angela Kasirye, the deputy director corporate affairs at the bank was quoted by Daily Monitor as having said that "these were normal transfers".
Insider sources told The Nile Post that that was not the case.
"There is nothing normal about these transfers. We want to tighten our system because some people have been at one currency centre for more than 10 years. They exploit the weaknesses," said a source.
Last month, the bank confirmed that there had been theft of old notes at its Mbale currency centre which led to the arrest of a number of staff.
Later in a circular dated September 2 from the acting director of currency, Dr Bazinzi Natamba, to all heads of the various currency centres, the central bank issued tough conditions in regard to access of the machine room of the currency centres.
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“No staff other than note examiners should participate in the counting/machine room activities such as sorting, punching and strapping of stock,” the circular read.
