How Shs 60 billion Fraudulent Payments Were Initiated and Executed at Bank of Uganda
In 2024, the country witnessed a significant financial fraud involving $21,013,562.31 (Shs 77.1 billion) at the Bank of Uganda (BoU). This fraud led to the arrest and charging of officials from the Ministry of Finance, including the Accountant General and seven others. Six of them were however released on bail.
