EXCLUSIVE: Kasekende Reports Forged Land Titles to Kadaga; Seeks Action Against MP Otto

The Deputy Governor Bank of Uganda, Louis Kasekende has protested the “defamatory” statements made by MP Odonga Otto, accusing the banker of illicit accumulation of wealth.

Kasekende said most of the properties which Otto said belonged to the Deputy Governor belong to relatives and people “unknown to me.”

Otto recently submitted documents to Parliament purporting to list 75 land titles allegedly owned by Kasekende in and around Kampala.

The Aruu County MP charged at COSASE Chairman Abdu Katuntu, saying he had evidence to prove his claims.

“These people were closing banks to enrich themselves. The public has to know the motivation of some people to close banks,” charged Otto who was backed by MP Elijah Okupa.

“The Ministry of lands authenticated the documents by giving a search certificate detailing that these 16 properties are in your names,” he further alleged.

Kasekende writes to Kadaga

Following the dramatic scenes in Parliament, Kasekende wrote to the Clerk of Parliament after which he said he was provided copies of the said documents on December 18.


“Having had the opportunity to peruse the said documents,” said Kasekende in a letter to Kadaga today, “It is apparent that they contain a litany of overt falsehoods.”

Kasekende, who previously served as Chief Economist of the African Development Bank (AfDB) and later Executive Director at the World Bank, said the documents “purport to list 75 land titles alleged to have been improperly acquired by me by listing many land titles that are neither owned or known to me, land titles owned by various members of my family who are capable of owning land/property in their own rights, a number of land titles entered twice to mention but a few.”

Some of the titles which Otto said belong to Kasekende have for long been registered in the names of Fatumah Ndagire, Joseph Kusiimwa, Sarah and Patrick Njuki, Jones Mulinde and Wilson Zziwa among others.

Kasekende told Kadaga that nine of land titles are owned by his brother Herman Kasekende, a banker, over the past several years, one of which has since changed ownership.

“Three of the land titles are owned by my brother Martin Kasekende over the past several years, two of which have since changed ownership,” he added in the exclusively seen by ChimpReports.

Two land titles are owned by the estate of the late Benedict Kasekende, his late father, which constitute the Kasekende family ancestral home. The property is jointly owned by the family.

The list of titles submitted before Parliament belong to individuals unknown to Kasekende

Two of the submitted land titles are owned by Kasekende’s sister Harriet and one title (listed twice by Otto) belongs to his son, George, a practicing advocate.

One land title which was listed twice was owned by Edith Kasekende and sold 13 years ago.

It was reported that Kasekende also transferred 25 land titles to his driver identified as Moses Musiitwa.

However, official records show the alleged 25 land titles were 12 but listed twice before adding another to make a total of 25.

Kasekende told Kadaga that “The said Moses Musiitwa is not and has never been my driver as alleged. He happens to be a person who once bought 1.4 acres of land upcountry from me, a search of which points at his having since subdivided the said land into 12 plots.”

It remains unclear where Otto obtained the documents he submitted before Cosase.

The revelations could dent the reputation of Cosase.

The development could as well feed into speculation that committee members were compromised to harass BoU officials especially Kasekende following the takeover of Crane Bank.


Kasekende told Kadaga that “there is an on-going verification exercise being conducted by the Office of the Inspector General of Government in relation to asset declarations by all senior staff of the Bank of Uganda, of whom I am part.”

The Deputy Governor said this “constitutes part of a host of several defamatory statements that have been made by an Honourable Member of Parliament in addition to the forged bank statements that were tendered by the same MP, which I brought to your attention in my earlier letter of December 18.”

Kasekende urged Kadaga to “consider the said defamatory statements and provide any redress you may find appropriate under the rules of Parliament that regulate the conduct of MPs.”

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