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Home Featured

Left with no Hope, Kasekende Bids Farewell to BoU Staff

Immaculate Nabadda by Immaculate Nabadda
January 17, 2020
in Featured, News
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Investigation: Kasekende Bought 10 Prime Properties after Closure of Crane Bank

Former BoU Deputy Governor Louis Kasekende.

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The former Deputy Governor of Bank of Uganda Dr Louis Kasekende has written to all workers of the Bank wishing them success since “many colleagues have become his friends.”

Kasekende handed over office after his contract expired on January 14. Efforts to have President Kaguta Museveni extend his term of office have since become unsuccessful.

Kasekende earlier before handover said he would wait for a communication from the appointing authority- The President.

Realizing Museveni was unwilling to offer him another contract, Kasekende issued a communication to all staff on Friday January 17.

Kasekende’s 30-year career at BoU has been ruined by strong allegations of dirty dealings in closure of private banks.

It emerged that these banks were illegally/unlawfully closed or sold off.

The Letter

“It has been a great honour to serve in position of DG for the last 10 years. This is in addition to my first five-year term in the same position that stretched over the period 1999 to 2006.

 I express my profound gratitude to the appointing authority H.E President Museveni for according me the opportunity to serve the bank and to represent the country in various continental and international assignments.

 I also thank the various Ministers of Finance, Governor and the board of Directors of the bank for the support over the many years I have served the Bank.

 Last but not least I would like to thank all for the love and tremendous support during my employment with BoU.

 Excluding the years, I was at World Bank and AFDB, I have spent close to thirty years in total with BoU. Thus many of colleagues have become my friends.

 As I reflect upon my time at the bank. I am deeply grateful for all I have met. Serving our country is a worthwhile experience for all of us. We have jointly achieved a lot and we should be proud of the tremendous progress for our bank and our country.”

Tags: Kasekende writes to BoU staff







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