Bank of Uganda Deputy director Louis Kasekende’s wife identified as Edith Kasekende is swimming in billions of shillings and investigators are wondering how she earns all this money.
Our sources reveal that Edith runs an Easy Go account at Stanchart Bank number 0100111660500, which is used to transact hundreds of millions of shillings.
However, what is most interesting is the source of this money which is transacted through her account, because she is not known to own any business venture that can accrue several millions of shillings within a short period of time.
For instance, the source at the Bank reveals that “She receives questionable deposits of Shs1.6Bn from BoU which she pays back, implying that she and other people, including her husband, use BoU for liquidation of their business and put the money back before it is detected.”
The sources also revealed that “For instance, she received Shs1.7Bn from China Railway Seven CRSG company and Shs394M from Arnold Masembe, which is suspected to be payment from BoU lawyers.”
Her bank statement indicates that between 01-05-2017 and 17-05-2018 she received another Shs6447m from an unknown source and Shs421m from Bank of Uganda. Between the same date she deposited Shs415m and Shs383M respectively, and another Shs120m and Shs394m, although the source of this money remains unknown.
The sources went on to reveal that “There are large sums of cash deposits from unknown people, yet her property, as declared by the deputy governor BoU doesn’t match up to her bank transaction.”
It is thus suspected that Kasekende’s wife could be receiving hundreds of millions of shillings each year through or from questionable channels, reason why she has become a point of interest for investigators into the alleged multibillion fraud that is being perpetrated by officials at Bank of Uganda.