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Katuntu defends COSASE commercial banks probe report

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In the run-up to last week’s release of the committee on commission’s statutory authorities and state enterprise’s (COSASE) report on the closure of seven banks by...

“Whatever we did was in accordance with the law” Kasekende speaks...

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The central bank has roundly rejected the findings of the parliamentary committee on commissions, statutory authorities and state enterprises (COSASE) that there were irregularities...

BOU governor’s powers should be trimmed – COSASE

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The parliamentary committee on commissions, statutory authorities and state enterprises (COSASE) has said the Constitution should be reviewed to stop the central bank governor from holding...

Munyagwa Summoned to court over Fraud

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The Anti-Corruption Court has, for the second time issued criminal summons against Kawempe South MP Mubarak Munyagwa, who is accused of soliciting and receiving sh78m from...

Cooperative Bank owners demand accountability of assets from BOU

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Almost 20 years down the road since Co-operative Bank was closed, shareholders and directors say they have since not had access to the evaluation report on...

NBC was illegally closed, say Mbabazi, Rukikaire

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Six years since the National Bank of Commerce (NBC) was closed, the stakeholders and directors believe the Central Bank acted outside the law and...

Opposition, Kadaga agree on what’s next for Katuntu’s and Among

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The Leader of Opposition in Parliament, Betty Aol Ocan and Speaker Rebecca Kadaga have agreed to have Abdu Katuntu’s term of office as chairperson of Parliament’s...

Lawyer accuses Bagyenda of lying to COSASE

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A top law firm has appeared to contradict the former executive director of supervision for commercial banks at Bank of Uganda (BoU), Justine Bagyenda’s earlier claims...

Kadaga asks LOP to extend COSASE term

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As an inquiry by the parliamentary committee on commissions, statutory authorities and state enterprises (COSASE) into alleged irregularities in the closure of seven commercial...

COSASE saga : Katuntu not willing to handover to Munyagwa

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This week, the change in the chairmanship and the deputy to the COSASE committee has caused mixed reactions from the public some saying FDC...

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