Bank of Uganda clarifies role in 51 billion shilling fraud
Bank of Uganda has broken its silence by clarifying that they were not involved in initiating the over 51 billion shillings that was paid into fraudsters' accounts in the United Kingdom and Japan. Addressing the media at the Bank of Uganda head office in Kampala, Deputy Governor Michael Atingi-Ego stated that they have so far recovered 8.205 million dollars, approximately 30 billion shillings. The Deputy Governor further mentioned that they are devising means to recover the remaining 6.2 million dollars, about 21 billion shillings, but noted that the Japanese government has not been cooperative. Sudhir Byaruhanga reports.
