It looks like one of the qualifications Bank Of Uganda asks for before hiring staff is “Money stealing tactics” because the level at which the bank is being defrauded is what we like to call ‘Top level’.
Yesterday, August 28, security operatives arrested three Bank of Uganda (BoU) staff who were smuggling out currency from Mbale Bank of Uganda Currency Center.
The money in question was meant to be destroyed but these individuals ployed to smuggle the money out of the bank to distribute it amongst themselves later.
Security operatives from Police, Chieftaincy of Military Intelligence (CMI) nd Military made it rain on their party when an internal informant tipped them off and they swiftly stormed the currency center.
Security said that it had become a habit for money which is supposed to be destroyed to be smuggled out of the bank for top BoU officials to share amongst themselves.
“It is true, we have three staff of Bank of Uganda who were caught red handed smuggling money outside which is against the norms of the Central Bank,” a source said.
The most common technique these individuals use is to pack currency notes in rubbish sacks and disguise it as rubbish to fool security. On occasions where security asks them to disclose the contents of the sacks, they say that it is luggage for top bosses and that they should back off.
This is just another of the very many fraud moves by BoU staff that keep getting intercepted by security officials, the most recent being the Shs90 billion saga in June that the Statehouse Anti-corruption Unit headed by Rtd Col Edith Nakalema is still investigating.