MinBane

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Archive for the tag “H.E. Yoweri Museveni”

Bank of Uganda Scandal: Printing lies and printing money!

Well, we are at this point and time, where the printing company have back dropped their information to the public. As well, as the ones in charge of spin control in the state, this being Uganda Media Centre, as well, as the Police Force itself plus internal statements from the Bank of Uganda.

While the Directors are under scrutiny, the spin is out of bound and showing that they are trying to deceive. That the Bank of Uganda had a scheme going on with the shipment of bank-notes, where the high ranking officials could eat of the spoils, but somewhere, somebody tipped the authorities off. Because someone didn’t get their cut.

That is why the state and Bank of Uganda is trying to back peddle it, while the State House, CMI and others are investigating the efforts of transporting the extra consignment of notes. The billions upon billions of extra funds.

We know there was a scheme and that it wasn’t supposed to get to the headlines, that they wasn’t supposed to fight over notes in mattresses, neither fight over blame either. The Bank was supposed to get these, share the spoils and move along like nothing. That is why the spokesperson for the government pins blame on police, while the Bank says its nothing and the Police says its investigating it. While the new Unit in State House confirms the raid on the bank. Surely, it is all a mess, as the institution and the state itself cannot configure the story, nor the procurement of the extra consigned notes. It is like a gift that keeps giving.

We know now that someone ordered extra notes from Europe. Someone had arranged it to happen, the planes with the notes was scheduled and the transfer was already made by the officials in the bank. The State let it happen and let it even come through customs. The state let the BoU do this and didn’t stop it. Until someone tipped off State House, as off they weren’t properly informed or getting their cut. Therefore, they had to cut it off and send a sign, that they are supposed to be informed of this and get their piece of the action.

That is why the Bank was early stating it was negotiating with the authorities, that it wasn’t a raid, even if the State House, CMI and others claimed it was. We can surely see where this is going. This a badly written novel, even a badly written scheme of soldiers of fortune, of financial mercenaries who couldn’t even pocket the funds without ghosting the procurement. They had to leave breadcrumbs and leave traces of deception.

That is why the Bank, the Police and the Uganda Media Centre, all look like fools. The directors, the consignments and the delivery is all there. The ones who was supposed to earn on this was there too. The whole operation was in session and the class was about to start. But was pre-emptively stopped by the authorities and since then, the people looking at it cannot keep their stories straight.

Time will tell, but this is looking like a heist, smelling like a heist and acting like a heist. Even if they are trying to conceal it. Someone got hurt that they didn’t get their pieces of silver and had to blow the whistle. Now, the ugly truth of the operation is peeled off, layer by layer. Peace.

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Another day, another Bank of Uganda Scandal!

The Bank of Uganda has had their magical pens, they have had their crazy foreclosure of Commerical Banks and now they are procuring and producing banknotes without proper function of the state. This is inside trading and kleptocracy to another level.

The Bank of Uganda is already showing their acts, as they didn’t minutes to closure of a bank and not even following protocol doing that. In the same regard, surely there was no minutes written when the high ranking officials fixed and gotten specialized transport plane filled with billions of Ugandan shillings in freshly minted banknotes.

We know this is a game been missing and sudden death is coming quickly. Because this is a rotten institution to the core. There been proof over a long time, but with every scandal, there are meat to the bone. It is ready for a stew or barbecue.

This bank has been like this under the Presidency, ever since the cross-over of the double digits in 1987 and cut of 30% for the clients using it. This is how they do. The Bank of Uganda is the reserves and the securities for the regime. They do not care how they clear their tab, but the bank will fix it.

If the public cannot trust the inner-circle of the Bank. Who can trust it? Since the BoU is supposed to be the institution that ensures the currency and the economy together with the Ministry of Finance, Planning and Economic Development (MoFPED). They are supposed to deliver what the state needs and secure the economy together. These two institutions are supposed to be the bricks to secure the foundation. Instead, we are questioning one, that breaks down the bridge of trust. So, there is no possibility of crossing that river.

The Bank of Uganda has again come into trouble. Not that its shocking, been a minute where the bank was off the hook. But now the state is trying to fix it without arresting the ones doing the illegal deeds. Surely, these people will be off the hook and off the books, just like their mission was supposed to be. For some reason, the state want to reveal it and surely to embarrass someone behind it. Don’t expect them to spend time behind bars, because these people are connected with the kitchen cabinet and the high above. Since, if the BoU was really in trouble, they wouldn’t have gotten away with their previously done deeds. Therefore, there is more behind closed doors, than what we know.

The Bank of Uganda is in another scandal. It is not strange. Its anticipated, this bank is made to the fortunate and the ones in the inner-circle. The rest just got to beg for mercy. As long as this regime is in power. This will not change, because this not profitable. But as long as it is… it will keep up and the leadership will continue. Since, the President trust them and knows they are carrying water for him. They are getting a cut for doing it too, as long as they are not telling the public.

That is why this latest is a leaked story to get rid of a inner-circle dude, who the leadership doesn’t like or trust. They feel he cannot be one of them and need him to humiliated. The President knows this, the Speaker knows this and the Parliament knows this too. However, they will not say it.

The Bank of Uganda is rocked by another scandal and its not shocking. What it was that it wasn’t bigger and more people getting a cut. It should have been more of the big-men connected with a piece of the trade-off. Because, they didn’t get it. They had to blow the whistle, then it wasn’t acceptable. Peace.

King Mumbere in Exile gets 14 days to visit his Kingdom just to bury his mother

Ever since November 2016, the Kasese killings, the fire of the Buhikira Royal Palace and the killings of several of the Rwenzururu Kingdoms Royal Guards by the Special Force Command and the Flying Squad. Ever since then, the Obusinga bwa Rwenzururu Charles Wesley Mumbere and 190 Royals Guards have awaited trial and sentencing.

Still, to this day, as the charges of terrorism and since January 2017 after a bail hearing, been living in exile in Kampala with restricted movement and conditions awaiting trial. Now for the last few days after his mother passing in Kasese. He had to go to trial to be allowed to enter his own Kingdom and be back in Kasese district, where the Kingdom of Rwenzururu reside. However, it’s been granted today. Nevertheless, we have seen how court orders have given way, but the Police have re-arrested a person on the fly a minute after.

This Court Order will not stop the Court Ship, nor the legal trouble of the King. Even as the state has promoted the leaders and commanders within the army, who attacked this kingdom and killed his kin. That is the sort of the leadership that is in Kampala these days, maybe some have forgotten that, but Gen. Elewu have gotten a raise and more responsibility after the acts done that in Kasese.

The Exiled King would only get a brief 14 days to visit his Kingdom, act ceremonial and bury his mother. The rest is going back to Kampala and living as a man charged with terrorism, but no pending trial nor proof of discovery on the matter. Therefore, his case is prolonged and his future is uncertain. As he lives in Buganda Kingdom, waiting to be allowed to rebuild and run his ceremonial kingdom in Kasese. This is the sort of nation the NRM has created.

The Exiled King will stay exiled for now. Not like if he returns and will get to stay. The President, the Special Force Command nor the leadership in Kampala is interested in that. They want to keep him away. That is what it seems, since they have not pinned him to the cross and they don’t want him to pay for their sins.

If they did, they would have done it already and figured out a way to cleans the hands of blood from their own. Peace.

BoU Scandal: Speaker Rebecca Kadaga letter to PAC-Cosase Chairman on “Re: Re-opening the Investigation into the Bank of Uganda Closure of Commercial Banks by the Committee on Commissions State Authorities and State Enterprises” (10.06.2019)

New details in the UN Experts Report: On the Illegal Gold Export from Butembo to Uganda!

This is now more than known, that the Gold Refinery in Entebbe is a source of gold from Democratic Republic of Congo. Where the illicit gold export persists. This is a problem, where the state are not able to catch and the wealthy traders in Butembo/Bukavu bribe the local government associates. This here is showing how the President of Uganda and his family is involved in the illegal trading of gold. As the African Gold Refinery, which the First Family is owning is involved in. They are not transparent and for the reason, that the state doesn’t want to take responsibility for this trade.

“Several sources associated with gold trade told the Group that wealthy traders in Butembo and Bukavu or buyers in transit countries and Dubai financed the smugglers, enabling them to buy gold and transport it to foreign markets. Two sources directly involved in such transactions with gold traders based in Butembo told the Group that traders with no affiliation with the gold trade lent money to their bosses. The latter used the money in order to buy gold in Butembo. Traders who lent money were paid back in cash, either in Kampala or in Dubai, by those who received gold. The Group believes that circumventing the banking system through gold-based financial transactions generates a lack of transparency and violates the recommendations of the Financial Action Task Force as reflected in Congolese legislation” (Final report of the Group of Experts on the Democratic Republic of the Congo, P: 35-36, 2019).

“Uganda declared gold exports of 12,000 kg, but the United Arab Emirates said that it had received 21,044 kg of gold from Uganda” (…) “The Group noted that, at the time of writing, the authorities of Uganda had failed to send the Group the report of their investigations into the activities of Kampala-based gold traders, as officials had promised. On 16 January 2019, the Group met with representatives of African Gold Refinery Ltd. (AGR) at AGR premises in Entebbe, Uganda, and discussed in particular the fact that AGR had yet to provide the names of its suppliers to the Group” (Final report of the Group of Experts on the Democratic Republic of the Congo, P: 36, 2019).

This is just verified reports from the United Nations Experts, whose investigated it. They have digging deeper. The Report is continuing to show how the state is benefiting of the illegal trade, as long as the Democratic Republic of Congo is missing it. They are being looted by illegal logging, trading, smuggling and not doing due diligence of the mineral resources produced there.

The Ugandan authorities doesn’t care that this is stolen and not verified, as the refinery is showing that they are not caring about the production or the proper protocol of the mineral production, as long as they are profiting from the illicit trade. This is the moral of the story, as the elites of Kampala are eating of the illegal trade. They are doing this and continuing to do so. Peace.

Update on Food Poisoning Investigations in Karamoja Region (27.05.2019)

Uganda National Oil Company: Press Release (14.05.2019)

Uganda National Oil Company (UNOC): Dr. Josephine Wapakabulo resignation letter as Chief Executive Officer (13.05.2019)

World Food Programme (WFP) halts distribution of super cereal while tests continue (03.05.2019)

As suspicion fell on Super Cereal as a possible cause or carrier of contamination, WFP acted swiftly, halting all distributions of the food first in Karamoja and then across Uganda.

ROME, Italy, May 3, 2019 – As a precautionary measure, the World Food Programme (WFP) has temporarily halted distribution worldwide of a fortified blended food from one of its suppliers as tests continue to establish whether it is linked to outbreaks of illness in East Africa.

According to medical centres and hospital records, three people died and 293 were admitted to health centres in the Karamoja region of Northeast Uganda in March and April after eating Super Cereal, distributed by WFP. The product is used by WFP and partners to prevent malnutrition, especially among women and children.

Preliminary investigations have failed to conclusively find what caused the illness. To date, more than 2,400 food-related laboratory tests were conducted – including for mycotoxins, heavy metals, pesticides and microbial contaminants – but the root cause of the problem has not yet been established.

As suspicion fell on Super Cereal as a possible cause or carrier of contamination, WFP acted swiftly, halting all distributions of the food first in Karamoja and then across Uganda. Communications campaigns were launched to urge any people in Karamoja with remaining stocks to return them. These campaigns included using radio messages, focus group discussions, community dialogues and public discussions with elders and community leaders.

On 9 April, WFP halted the distribution globally of all products from the supplier in question. This involved putting on hold Super Cereal stocks in WFP operations in 25 countries.

In a further precautionary move, on 30 April, WFP ordered all stocks of Super Cereal from the same supplier should be secured in WFP warehouses and storage areas belonging to partners. Samples from the stock will continue to be tested to confirm or rule out any of the preliminary conclusions.

This issue is unprecedented in its implications for WFP’s global supply chain as the food supplies on hold around the world amount to over 21,000 metric tons, with an estimated replacement value of US$22 million. WFP has taken extensive preventative action as the health and safety of the people we serve is our foremost concern.

Super Cereal is maize or wheat blended with soya beans, fortified with vitamins and minerals, processed into a flour and supplied in 25-kg bags and is a critical part of WFP’s efforts to prevent malnutrition and save lives.

Uganda: Judiciary Investigates journalists’ assault claims (29.04.2019)

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