When Watchdogs Sleep: Who pays for the 60 Billion Money heist from the central Bank?
By Amiri Wabusimba. For decades, Uganda has struggled with systemic weaknesses in financial oversight, exposing the country to corruption and mismanagement of public funds. The latest scandal, involving the unauthorized diversion of 60 Billion Ugx from the Bank of Uganda, has once again placed the Ministry of Finance at the center of controversy. These funds were illicitly redirected to private accounts in Tokyo and London, triggering a national outcry over accountability within Uganda’s financial institutions. The situation escalated on February 4, 2025, when the Criminal Investigations Directorate (CID) arrested nine senior officials from the Ministry of Finance. Among them was Lawrence Semakula, the Accountant General, a key figure responsible for fiscal accountability. His arrest, along with other high-ranking officials, has fueled speculation about the extent of systemic financial malpractice within the Treasury.
The role of Ramathan Ggoobi, the Permanent Secretary of the Ministry of Finance and Secretary to the Treasury, becomes particularly critical in this case. As the highest-ranking public servant in the Ministry, he holds ultimate responsibility for ensuring the government’s financial systems operate efficiently and with integrity. The fact that such a large-scale financial scandal occured under his leadership raises concerns about the Ministry’s internal controls and oversight mechanisms. While the detained officials including Jennifer Muhuruzi, the Acting Director of Treasury Services and Asset Management, Pedson Twesigomwe, the Assistant Commissioner of Accounts, and Tonny Yawe, a Senior IT Officer held influential positions within the Ministry, their arrests are only one piece of a much larger puzzle. Financial fraud of this magnitude is rarely the work of a few rogue individuals; it often signals deeper institutional failures.
Ministry of Finance has been implicated in financial irregularities before, in 2007 CHOGM funds scandal, where millions were misappropriated, and the 2012 pension scam, in which billions were siphoned off through fictitious claimants and more recently, the misallocation of COVID-19 relief funds in 2020 revealed a pattern of inflated procurement deals and ghost beneficiaries are stark reminders of a governance structure that has repeatedly failed to prevent such abuses. The recurrence of such scandals suggests that financial misconduct thrives in an environment where internal controls are weak, accountability is selective, and digital monitoring systems are either inadequate or deliberately circumvented.
Other African nations facing similar challenges have taken significant steps to curb corruption. Kenya’s Integrated Financial Management Information System (IFMIS) has strengthened budget tracking, while Ghana’s digitization of revenue collection has enhanced transparency in public fund management. Uganda’s failure to adopt similar measures raises concerns about political will and institutional inertia. The timing of the fraudulent withdrawals was critical as Bank of Uganda was operating under an acting governor following the passing of the previous central bank chief by the time of the incidence. The absence of a substantive governor may have weakened oversight mechanisms at the central bank, creating an opportunity for fraudulent transactions to bypass multiple approval levels within the Treasury. This raises serious concerns about the effectiveness of Uganda’s financial oversight.
The government’s swift response was to appoint Dr. Michael Atingi-Ego as the substantial Governor and Professor Augustus Nuwagaba as Deputy Governor, an attempt to restore credibility. However, leadership changes alone cannot resolve deeply entrenched governance flaws. Uganda must treat this crisis as a turning point for financial governance with meaningful reforms going beyond political statements and result in concrete institutional changes. Real-time financial tracking systems, similar to Kenya’s IFMIS, could reduce human interference and make it harder for funds to be siphoned off without detection. Automating the payment systems for public funds, as seen in Ghana’s digitized tax and revenue collection, would minimize human manipulation. Government must also consider adopting block chain-based financial systems to enhance transparency and reduce the risks associated with manual financial processing.
The government’s response to this scandal will determine whether it is serious about tackling corruption. Selective justice, where only low-ranking officials face prosecution while senior figures remain untouched, would only reinforce public skepticism. A transparent trial process for all implicated officials, regardless of rank, is necessary to restore trust in Uganda’s financial institutions. The 60 Billion shilling scandal is not just about missing money it is about the integrity of Uganda’s financial system. If decisive action is not taken, the long-term economic implications could be severe. Investor confidence may dwindle, international partners may impose stricter conditions on financial aid, and ordinary Ugandans will continue to bear the burden of financial mismanagement through higher taxes and economic stagnation.
History has shown that without meaningful reform, financial scandals in Uganda tend to fade into political noise, only for new ones to emerge. The question remains: will this crisis serve as a catalyst for genuine change, or will it become yet another cautionary tale of a nation struggling to break free from the grip of corruption? The answer will unfold in the months ahead as the legal and institutional responses to this scandal take shape.
Amiri Wabusimba is a diplomatic Scholar, Journalist, political analyst and Human Right activist. Tel: +56775103895 email: Wabusimbaa@gmail.com.
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Open Letter to the Ministries Affected by the Suspension of USAID Funds in Uganda » The Hoima Post –
To: The Honorable Ministers of Finance, Health, Education, Gender, and All Affected Ministries
Cc: The Office of the President, Parliament of Uganda, and Development Partners
Subject: Addressing the Suspension of USAID Funds and Allegations of Misallocation
Dear Honorable Ministers,
I write to you with deep concern regarding the recent suspension of USAID funding to Uganda and the allegations raised by President Donald Trump about Uganda receiving substantial funds for projects lacking clear justification, including those termed as “behavioral and social change” initiatives. These developments not only jeopardize the continuity of essential development programs but also necessitate a critical examination of our financial accountability and sustainability mechanisms.
For decades, Uganda has benefited from USAID support across various sectors, notably health, education, agriculture, and governance. However, the recent suspension of funds underscores the vulnerability inherent in our dependence on foreign aid, particularly when such aid is subject to abrupt policy shifts. The allegations concerning the allocation of funds to ambiguous projects demand immediate attention to uphold the integrity of our development agenda.
Key Issues of Concern:
1. Aid Dependency and Sovereignty: The suspension of USAID funding highlights Uganda’s over-reliance on foreign aid, which undermines our sovereignty in determining and implementing development priorities. It is imperative to cultivate self-reliant strategies that reduce susceptibility to external political dynamics.
2. Transparency and Accountability: Allegations of misallocated funds necessitate a thorough audit to ensure that all financial resources are utilized effectively and align with national development goals. This process is crucial to maintain public trust and the confidence of development partners.
3. Impact on Critical Sectors: The affected ministries must assess and communicate the potential disruptions in service delivery resulting from the funding suspension. Proactive measures should be developed to mitigate adverse effects on health services, educational programs, and other essential public services.
4. Alignment of Development Priorities: It is essential to ensure that donor-funded projects correspond with Uganda’s strategic development objectives. Projects lacking clear justification or tangible benefits should be re-evaluated to optimize resource allocation.
Way Forward:
Comprehensive Audit: Conduct a detailed audit of all USAID-funded programs to identify any discrepancies and implement corrective measures where necessary.
Strengthening Domestic Funding: Explore and implement strategies to enhance domestic revenue generation, thereby reducing reliance on foreign aid and ensuring sustainable funding for critical sectors.
Engagement with Development Partners: Initiate constructive dialogue with USAID and other donors to rebuild trust and ensure future funding aligns with Uganda’s development priorities.
Enforcement of Accountability Measures: Hold accountable any individuals or entities found responsible for mismanaging funds to reinforce a culture of transparency and responsibility.
This situation presents an opportunity for Uganda to reassess its development strategy and assert greater control over its future. While foreign aid has contributed to national development, it should complement, not dictate, our agenda. By taking decisive action to ensure effective and transparent use of all resources, we can foster a more self-reliant and resilient nation.
Sincerely,
Alexander Luyima
Director, Community Programs & Information
African Descent Ontario
Toronto, Canada
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By Our Reporter
A family in Katabi Sub County, Entebbe Municipality in Wakiso District is living in shock after a section of its members have been implicated in rebel activities but asked to surrender part of their ancestral land to State House Land protection Unit officials led by Brig Gen Moses Lukyamuzi as a condition to be set free.
The family of the late Charles Kisitu Ffulu has now appealed to President Museveni and all authorities to intervene and prevail over the security officials who allegedly arrested, tortured and detained them on purported rebel related charges before demanding for a one and a half acre land at Nkumba – Bbendegere in Katabi Sub County.
The family members have accused the State House Land Protection Unit officials of opening up rebel and terrorism related charges and started demanding for a one and half acre plot of land and the estate administrator, Willy Kisitu.
It is alleged that high profile security officials working with a section of police officers and local leadership with land brokers have since started to bring pseudo buyers and superimpose them on the family ancestral land at Nkumba – Bbendegere in Katabi Sub County.
Family members said that the pseudo people come with forged sale or purchase agreements which they present and upon challenging them, they are arrested and taken to police for criminal trespass and threatening violence cases.
It is alleged that the officials come purporting to help the pseudo bibanja holders for their selfish benefits.
On February 26, 2025, a group of armed soldiers both in uniform and plain clothes invaded the land and arrested the caretaker of the land, Ivan Ntege and two of his workers; Paul Mukisa and Abbas Senabulya.
It is alleged that the three men were kept in a nearby bush before they were driven in a drone to Mengo, in Kampala at the offices of the State House Land protection Unit.
Ntege, who is now nursing his right eye, said that the land measuring about seven acres belongs to the family of the late Charles Kisitu Ffulu but there is a cartel of unscrupulous persons who are using all the tricks to grab their land.
“I was arrested by soldiers who beat me and my workers; they tortured us while accusing us of forming a rebel group. Imagine they found us working on our land and they started asking for pangas accusing us of belonging to the M23 rebel group, that we are of Rwandese origin, and that we have to explain when we entered Uganda,” Ntege cried.
He added: “Imagine asking where I came from when they found me on the land where I was born and raised? They found us using walkie Talkies because the telephone network near the lake is bad and they used that as a basis to beat us and ask for the administrator of the land.”
According to Ntege, their arrest was disguised as if there was a case but to their surprise the soldiers did not even report to the area police and not even the Police in Entebbe but they were driven to Kampala amid beatings.
“Upon reaching Mengo, they (soldiers) subjected us to interrogation mainly on our tribes and asking us how the Rwandese came to the land and more so one of the soldiers said Ntege leero tukufunye (Ntege we have got you) and we are going to imprison you for a month until you sign for us an agreement,” he narrated.
He revealed that they were paraded before Brig Lukyamuzi at Mengo but he did not mention anything but the soldiers continued interrogating them until they called another man they identified as counsel who asked them to sign a sales agreement for land in order to be released.
Ntege added that from Mengo they were driven to Kireka SIU by the soldier identified as Amudan Mukiibi kept threatening to kill them and that to their surprise, the following day, the head of the detention facility at Kireka released them and gave them transport.
“The soldier at Kireka sent us back to Mengo to pick our property but on reaching there, everyone abandoned us and they instead decided to make telephone calls until they rearrested us and took us back to Kireka instead of giving us our property. We were driven back to Kireka and accused us of overthrowing the government,” said Ntege.
He said that the detention head they identified as Musa told them that Afande Ddamulira (head of crime intelligence) ordered for their release and that they were released without any documentation but ordered to return to the Mengo office on March 21.
“We are wondering, if there is a case against us, why then are they asking us to sign land sale agreements and present them to the administrator who does not stay in the area? And they said on March 21, there will be a meeting but for what? I appeal to the State House Anticorruption Unit and Criminal Investigations and CMI to intervene in this matter,” he appealed.
Ntege revealed that the soldiers are working with a relative identified as Patrick Kisitu and a former family lawyer Fahad Wasswa with a host of brokers to disenfranchise them of the land ownership.
On his part, Mukisa said that they are living in fear of being abducted again and being hurt because they kept asking us to show them guns and pangas which they did not have.
“I sustained injuries and the stomach got a problem in my body. I have been on medication since then,” he added.
When contacted on Friday, Brig Gen Lukyamuzi could not comment on the matter saying he was not in position.
He said that he needed time to consult his staff to know the person handling the said complaint and how far with the investigations and promised to return to us after making consultations.
Patrick Kisitu, a family member among the accused parties dismissed the accusations saying that he was also among the people who were being sought by the soldiers.
He explained that the accusations against him and the lawyer (Wasswa) are baseless and stemming from the struggle on who should take care of the family estate.
“I have taken care of the family property for many years and I have been in these battles alone but they are fighting me because of a mere three acre land which I sold and provided the accountability for the money,” Kisitu explained.
He revealed that the arrest is about the Kibanja holder who was denied access but Kisitu could not divulge into the matter.
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Family Accuses State House Land Unit of Wanting to Grab Their Land by Implicating Them in Rebel Allegations, Appeals to President Museveni for Intervention
A family in Katabi Sub County, Entebbe Municipality, is in shock after members were allegedly implicated in rebel activities by officials from the State House Land Protection Unit. In exchange for their freedom, the family has been asked to surrender part of their ancestral land in what they believe is a coordinated land-grabbing scheme involving high-profile security officials, local leaders, and land brokers.
The family, led by the estate administrator, Willy Kisitu, of the late Charles Kisitu Ffulu, claims that on February 26, 2025, armed soldiers, both in uniform and plain clothes, invaded their land at Nkumba – Bbendegere in Katabi Sub County. They arrested land caretaker Ivan Ntege and two of his workers, Paul Mukisa and Abbas Senabulya, accusing them of being involved in rebel activities. They allege that the officials demanded a one-and-a-half-acre plot of land as a condition for their release.
Ntege, who is recovering from injuries sustained during the arrest, described the ordeal, alleging that they were tortured and interrogated under the false pretense of being part of the M23 rebel group. The soldiers reportedly questioned their tribal origins, accused them of being Rwandese, and forced them to sign a sale agreement for the land in exchange for their freedom.
The family members accuse the State House Land Protection Unit officials of opening fake charges related to terrorism and rebellion to facilitate the land grab. They claim that a network of security officials, police officers, and local brokers have begun bringing in pseudo-buyers with forged sale agreements, forcing the family to relinquish their land. When the family attempted to resist, they were arrested and charged with criminal trespass and threatening violence.
The family believes that these acts are part of a larger scheme to fraudulently seize their ancestral land, which has been in their possession for generations. Ntege revealed that they were initially taken to Mengo, Kampala, where they were further interrogated and pressured to sign land sale agreements. The family was later transferred to Kireka SIU, where they were threatened with imprisonment if they refused to comply.
After several days of detention, the family was unexpectedly released without documentation and ordered to return to Mengo on March 21, 2025. Ntege is now calling for intervention from President Museveni, the State House Anti-Corruption Unit, and the Criminal Investigations Directorate (CID) to put an end to the land grab and hold those responsible accountable.
The family also claims that the soldiers are collaborating with a relative, Patrick Kisitu, and a former family lawyer, Fahad Wasswa, who are allegedly working with brokers to seize the land. In response, Patrick Kisitu denied the accusations, insisting that he had been solely responsible for managing the family estate for years and was not involved in any illegal activities.
As the family continues to fight for their rights, they are living in fear of further abductions and violence. The family is appealing for justice, seeking the intervention of President Museveni to prevent the unlawful seizure of their land and protect them from further harassment.
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