BAGYENDA TO FACE COSASE AGAIN,SNEAKS OUT OF COUNTRY

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In Kampala

MPs on Parliaments Committee on Commissions, Statutory Authorities and State Enterprises (Cosase) have summoned the former Bank of Uganda (BoU) Executive Director of Supervision, Justine Bagyenda to come back and appear before them on Tuesday next week without failure.

The Committee Chairman Abdu Katuntu said that if she fails to appear, a warrant of arrest will be issued against her.

Bagyenda left the country on Thursday November 22 at 10 pm by KLM

Cosase is probing BoU top officials over the controversial liquidation of seven commercial banks and Mrs. Bagyenda was partly involved in the transactions. On Wednesday and Thursday, Bagyenda appeared before the Committee but she didnot give satisfactory answers to issues raised as regards the liquidation of Greenland Bank by BOU.

Mrs. Bagyenda is out of the country but her letter informing BoU Governor Prof. Emmanuel Tumusiime-Mutebile of her flying out of the country last evening was received Friday morning and she didnt mention which country she was visiting or when she would be coming back.

The MPs were bitter that Mrs. Bagyenda, who also has issues with the Inspector General of Government (IGG) over her illicit accumulation of wealth, left the country without informing them in time, which they said was intentional.

Katuntu decided to adjourn the meeting to Tuesday next week, with summons that the embattled Bagyenda returns to the committee by 10am on that day without fail. Mrs. Bagyenda is believed to have left with a document which she is not willing to release.

Katuntu meanwhile has ordered the CID and Uganda police to communicate to Bagyenda on her email, telephone. They are also to look for details of Bagyendas travel as declared at the immigrations at Entebbe International Airport.

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