IGG petitioned over Bagyenda as more properties are revealed

The office of the Inspector General of Government has been petitioned over properties belonging to Bank of Uganda’s Director of Supervision, Justine Bagyenda.

Dickwitington Kimeze, a social worker who has branded himself as a fighter of corruption instructed his lawyers to write to the IGG in regards to Bagyenda’s wealth, which he contends has not been declared.

Justine Bagyenda.

Government stipulates that leaders must declare their wealth with the IGG’s office. Not declaring or under-declaring of wealth constitutes an offence.

“The purpose of this letter is to inform you that our client is in possession of information leading to some of properties of Ms Justine Bagyenda, he strongly believes weren’t declared in the “Declaration of Income, Assets, and Liabilities as required by the Leadership Code Act of 2002,” reads part of the letter that was drawn by Denis Nyombi, an advocate.

The letter that was received by the IGG’s office on August 11 was also copied to Ms Rebecca Kadaga, the Speaker of Parliament and Fr Simon Lokodo, the State Minister for Ethics and Integrity.

Bagyenda’s name came into the public domain following the receivership of Crane Bank last October and Bank of Uganda subsequently suing former owner Sudhir Ruparelia for allegedly siphoning money out of the bank.

Dfcu took over Crane Bank in January this year.

BoU was criticised for incompetence and possible collusion in handling its supervision role over the bank, and governor Tumusiime Mutebile passed the buck on criminal culpability to Bagyenda who is the Director of Supervision.

Meanwhile as BoU sued the businessman for Shs400b, Sudhir filed a counter-suit of Shs600b over non-performing loans and their securities. It should be recalled that Sudhir blamed Crane Bank’s woes on non-performing loans.

Kimeze’s call for the IGG to take interest in Bagyenda follows the Ministry of Lands registry confirming that she owns prime assets valued at several billion shillings in prime areas like Mbuya, Bugolobi, Naguru and Nakawa.  

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