Fresh evidence tabled before the Inspectorate of Government by a whistleblower indicates that beleaguered deputy governor of the Central Bank, Louis Kasekende transferred twelve prime properties to his driver’s names to conceal his wealth.
The motive according to the source was to elude the IGG’s investigations into how a civil servant could have amassed such fortune of the that magnitude.
Kasekende and several other Bank of Uganda officials are facing Parliament’s Committee on Commissions, Statutory Authorities, State Enterprises (COSASE) to justify the controversial sale of seven commercial banks including hotly contested closure of Crane Bank which belonged to property mogul Sudhir Ruparelia.
The evidence shows that Kasekende transferred the properties to Moses Misiitwa.
As required by law under Leadership Code Act, civil servants are ordered to declare their wealth to the IGG’s office.
Kasekende who is targeting the highest office of the bank must have seen it wise to conceal his wealth knowing he couldn’t justify the source of the cash used to buy these properties.
