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IGG agrees to investigate BOU boss Bagyenda

Admin Trumpet by Admin Trumpet
October 19, 2017
in Business, Featured, News
0
Bank of Uganda faces lawsuit for ‘neglecting’ Crane Bank

Bagyenda

The Inspector General of Government (IGG) is in final preparations to investigate the Bank of Uganda Executive Director in charge of supervision, Justine Bagyenda, over allegations that she evaded paying income tax for ten years on revenues earned from her Naguru apartments, Munira Ali,  the IGG Spokesperson  confirmed on Wednesday.

Bagyenda rented her apartments to the top officials of the defunct Crane Bank, earning millions of shillings without paying income tax as required by law.

According to Munira, the first meeting was held between the IGG and the petitioner, Dick Kimeze, to basically understand the ground and the issues raised by the petitioner before investigations into Bagyenda’s alleged tax evasion can begin.

She said the second meeting is scheduled before investigations can begin.

Now, reports indicate that Inspectorate of Government (IGG) was set to begin investigations into allegations that Bagyenda made incorrect declarations contrary to the Leadership Code, 2002.

According to sources speaking on condition of anonymity, officials from the IGG’s office were set to meet with city lawyer Dennis Nyombi, to ascertain whether Bagyenda made false declarations about her assets including land and
houses.

Among the property she allegedly falsely-declared are houses in the leafy suburbs of Ntinda, Naguru, Bugolobi and Kulambiro.

“When I wrote the letter I got confirmation from the IGG and I was to get an appointment with the official handling the matter but later on the person went abroad and we have now scheduled between 10th and 20th to meet,” lawyer Nyombi, who is representing ‘whistleblower’ Dick Kimeze, said.

In his allegations, Kimeze also avers that the properties owned by  Bagyenda are way above what she has earned
during her employment over the years.

Contacted at the time the IGG spokesperson Ali Munira confirmed their office had received the petition against
Bagyenda.

“Some lawyer wrote requesting for a meeting to discuss the wealth of the lady (Bagyenda); the meeting has not taken
place,” Munira said on phone then.

Tags: BagyendaBig StoryBoUIGG
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