IG Arrests 3 Udbl Officials
July 29, 2013
PRESS STATEMENT
The Inspectorate of Government (IG) has today Monday 29th July 2013, arrested 3 officials of Uganda Development Bank Limited (UDBL). The arrested officials are;
1. PATRICIA OJANGOLE, female adult Ugandan, Chief Executive Officer, Uganda Development Bank Limited.
2. ANDREW MULUBYA, male adult Ugandan, Director, Management Information Systems, Uganda Development Bank Limited.
3. DANIEL KAGGWA, male adult Ugandan, Director, Finance, Uganda Development Bank Limited.
The three were arrested and will be charged for Victimising a whistleblower for making a disclosure to the Inspectorate of Government about the improper manner in which the Board and Management of UDBL was handling a US $ 11.5 million loan application by Savannah Commodities Limited. Ms Kazoora Charlotte Mucunguzi was dismissed by a decision taken at a UDBL Extra Ordinary Executive Committee (Management Team) Meeting held on 24/01/2013.
This act is contrary to SECTIONS 16, 9(1) and 9(2)(a)(i), OF THE WHISTLEBLOWER PROTECTION ACT.
The accused are set to appear at Buganda Road Court this afternoon.