BOU Currency Saga: CID Takes Over Investigations

Police Directorate of Criminal Investigations on Monday said that it has fully taken over inquiries into the irregularities surrounding an illicit consignment of monies that came into the country in April.

The directorate said however that it will continue working alongside the State House Anti-corruption Unit headed by Edith Nakalema to accomplish the investigations.

Police Spokesman CP Fred Enanga said that several statements have been obtained from BOU directors, banking officials, the financial institution legal officers and auditors.

Others under investigation are officials from ENHAS, URA, and customs officials.

He said arrangements are in place to obtain statements from UN, USAID and selected business persons who were mentioned in the transactions.

He said that the line of grilling questions to the officials is on how the banking process supporting the printing of the bank notes arose and whether there was any wrong doing on the part of the bank or not.

“Our areas of interest are how the need for printing arose, who initiated the request, whether there was an approval from the board or not, the entire procurement and supply chain,” said the police mouthpiece.

He said police will also verify the amounts and serial numbers of the notes printed and how non official but genuine notes could have arose.


However, police revealed that six suspects are still under custody at various police stations in Kampala.

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