BoU Board Failed to Supervise Bank Liquidation Process -Report

Comments 372 Views Kampala, Uganda
Bank of Uganda (BoU) Governor Emmanuel Tumusiime Mutebile is the Central Bank Board Chairperson. Olive Nakatudde

Bank of Uganda (BoU) Governor Emmanuel Tumusiime Mutebile is the Central Bank Board Chairperson. Login to license this image from 1$.

In short
In the COSASE report to parliament tabled by the committee Chairperson Abdu Katuntu, the Central Bank Boards failure to supervise liquidation of the defunct banks is demonstrated in the fact that to date, they have never demanded for final reports on the liquidated financial institutions.

 

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