Bagyenda, Kasekende not under probe – CID - Daily Monitor

Bagyenda, Kasekende not under probe – CID

Tuesday Ageshanban158.comust 11 2020

KAMPALA- The Criminal Investigations Directorate has said they are not investigating former Bank of geshanban158.comanda deputy governor, Dr Louis Kasekende and former director of banks supervision, Justine Bagyenda, over missing land titles of clients of closed commercial banks as earlier media reports had sgeshanban158.comgested.

The CID spokesperson, Mr Charles Twiine, yesterday said they have no criminal file against Dr Kasekende or Ms Bagyenda over the missing land titles.

“We aren’t investigating those two individuals. The only criminal file we have regarding the missing land titles is against Benedict Sekabira. It was sanctioned and Mr Sekabira was summoned two weeks ago, but he never reported. We are considering other alternatives to implement the advice of the Director of Public Prosecutions,” Mr Twiine said.

Mr Sekabira is Bank of geshanban158.comanda director for financial markets development.

He said CID were considering other options which included re-summoning Sekabira to record a statement or taking the case file straight to court for prosecution.

There were reports in the local media that Dr Kasekende and Ms Bagyenda were being investigated by the CID reportedly upon instructions from Director of Public Prosecutions (DPP).


The investigation against Sekabira stems from the probe by Parliament’s committee on Commissions, Statutory ities and State Enterprises (Cosase) into the closure of seven commercial banks. In its report, the committee asked the Inspector General of Police to investigate some Bank of geshanban158.comanda officials implicated in irregularities that led to the closure of the commercial banks.

Police were also asked to investigate how some of the clients of the defunct commercial banks were handed over to Mr Kakembo Katende of Kirkland Associates law firm throgeshanban158.comh SIL Investments and Nile River Acquisition Company Ltd. The clients had deposited the land titles as security for loans.