Inspector General of Government (IGG) Irene Mulyagonja, on Monday afternoon questioned former former Executive Director of Supervision of commercial banks at Bank of Uganda Justine Bagyenda over accumulation of wealth and fat bank accounts.
Bagyenda appeared at the IGG offices through the basement parking shying away from journalists and the public.
A source at the IGG’s office said after a long interrogation session, she left the chambers at around 4pm looking fatigued.
It earlier emerged that Bagyenda had over shs 19 billion on her bank accounts whose source remains a subject of contention.
A source said she was asked to explain how she built condominium plans at Makerere Hill Road and Sunderland Avenue in Bugolobi and bought massive plots of land at Kimera Close and Balikudembe Road but she could not give definitive answers.
Bagyenda was also then asked to explain the source of a staggering wealth in several city banks that is said to be amounting to billions of shillings and millions of dollars that was found stashed on different accounts among the in Diamond Trust Bank and Barclays Bank. However sources at IGG say Bagyenda again could not furnish decisive evidence on the sources of the money.
The IGG also quizzed Bagyenda about a hard-hitting non-compliance report by Uganda Revenue Authority (URA) that indicates that her tax accountabilities could be Shs7 billion. She faces separate charges of tax evasion.
Mulyagonja confirmed to the media that Bagyenda was quizzed but declined giving details of the next course of action that the inquiry will take.