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Archive for the tag “ISO”

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.

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)

Rwanda Revenue Authority: Announcement (07.06.2019)

Uganda-Rwanda Tensions Part V: Deadly Deceptions!

The incident of 25th May 2019 is really haunting the Republics. Each Foreign Affairs has two different stories. The same has the respective Police Authorities delivered statements of similar fashion. Therefore, the incident itself is in question. Both parties claims the incident happen on their soil and that they were justified in their actions. The Ugandan claims the Rwandan crossed their borders. While the Rwandan claims it happen on the other side and that the smugglers fled the scene. However, this is stories that doesn’t fit well together.

Here is snippet of the statements dropped within the last 48 hours:

While the Ugandan Foreign Affairs today claims the Ugandan national was shot on their territory by Rwandan soldiers. Also, an Rwandan Business Man was shot and died on its land. As the Rwandan soldiers even tried to intervene and bring back the dead from its territory. But because of local intervention and brining them to the nearest Health Centre, the soldiers had to retreat back to Rwanda. The MoFA promise the delivery of his remains on the 27th May 2019.

The Ministry of Foreign Affairs from Rwanda today claims the soldiers, which crossed the border was shot in Rwanda, but fled hurt and died in Uganda. They even says there was a meeting between Ugandan Rukiga District LCV Chairman and the Rwandan Nyagatare District Mayor, were the parties agreed the incident happen on Rwandan soil.

The Rwandan Police claimed yesterday that the suspected smugglers tried to cross the border from the Rwandan side, as the military intercepted them, the incident became violent. The authorities shot at the gang who tried to cross into Uganda. Killing two people, who fled across an un-gazetted border-point.

Earlier yesterday, the Ugandan Police Force in their statement, claimed that the incident happen on Ugandan soil. Where an Rwandan Business Man had crossed with merchandise across the border. Where the Rwandan Soldiers intercepted him, killed him and an Ugandan citizen as well. As they claim the Rwandan soldiers crossed illegally into the territory and then shot the two people, an Ugandan and the Rwandan national. Both got shot and died as they were taken to the closest health centre.

Doesn’t add up!

Certainly, these statements doesn’t add up. The last 48 hours, both parties have cried foul. There are two nationals, one Ugandan and one Rwandan national killed. The only thing that is consistent in the narrative, is that the Rwandan soldiers shot and intervened towards the deceased individuals. What is striking is how the people who gotten shot had the capacity after the violence to cross across the border to Kamwezi sub-county in Uganda. Just think about it driving on a boda-boda from Tabagwe, Nyagatare District to Kamwezi Health Care Centre. Which by Google Map is 15km and takes about 30 minutes. However, this is without stops and driving straight on target. Nevertheless, if the stories is told like it is.

There is a twist!

If driving while shot:

This is just the first weird thing about it, as the supposed smugglers crossed the borders on a motorcycle. One person was taking himself across the border, shot with used clothes and a deceased partner on it. As he was supposed to be able to cross, unnoticed with a body, smuggling merchandise and a bullet wound. That is part of the story that boggles me. Since, who else does this kind of stunts, except for a Hollywood Action Movie casting Jason Statham and Bruce Willis. One man with a bullet wound able to cross a border point and lack of strength. Certainly, the now deceased Ugandan national must have strong will-power in his final hours. I doubt the adrenaline or extra push from a shot fella can push this through. Unless, its scripted and his saving the world from an possible Armageddon.

That is why the conflicting stories doesn’t make sense. Unless the Rwandan counterparts are planing on exiting scripts for movies. Because, if the persons was killed on Ugandan soil. It makes some sense. Even if that means someone illegally crossed the border and without jurisdiction murdered two individuals of two different nationalities. This seems more reasonable, even if that implicates the Rwandan Authorities. Since, their stories make the Ugandan deceased man seeming like a superhero with the force of 50 Cent. We don’t know how and where he was hit, but the shot from the soldiers was fatal. Meaning, it wasn’t a flesh-wound, but something that stinged him.

We can wonder if the truth of this incident will come out, but right now. The stories are conflicting, and someone trying to deceive the public. One party is lying and the other party is maybe even not telling the whole truth. However, there are two people dead because of this and they deserve for the truth to come out. As they cannot speak on what happen, but only be used as martyrs and as tools in a narrative fitting each states agenda. Peace.

Rwandan Ministry of Foreign Affairs to the Uganda Ministry of Foreign Affairs: A Rebuttal Note regarding the Incident on the 25.05.2019 (26.05.2019)

Rwanda National Police: Press Release – Rwandan security shoot as smugglers turn violent (25.05.2019)

Ugandan Ministry of Foreign Affairs to the Rwanda Ministry of Foreign Affairs: A Protest Note on Rwandan Soldiers entering Ugandan Territory (25.05.2019)

Uganda Police Force: Police Investigations Cross Boarder Shooting (25.05.2019)

Statement by Hon. Sam Kutesa Minister of Foreign Affairs at The Briefing to the Diplomatic Corps on the Status of the Uganda-Rwanda Relations (17.05.2019)

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