Former Bank of Uganda director for supervision Justin Bagyenda was due to appear before parliamentary appointments committee following her nomination by finance minister Matia Kasaija to the board of Financial Investigation Authority.
But without giving clear reasons, Bagynda didn’t turn up for her own vetting leaving many people wondering why. Bagyenda’s appointment to the FIA board caused an uproar because the same agency is investigating her for illicit money transfer, corruption and abuse of office.
The Uganda Financial Intelligence Authority, is a government agency established by the Parliament of Uganda to monitor, investigate, and prevent money laundering in the country.
It was speculated that Bagyenda was out of the country when MPs waited for her to be vetted, however a leaked phone printout on an Airtel number believed to be hers shows that she was in Mbuya and Bugolobi conducting her other businesses.
It is not yet known if she has lost interest to be a board member of an authority investigating her financial mishaps. Several MPs had expressed displeasure over the reappointment of Bagyenda on FIA board. Many vowed to make sure it doesn't happen.
“If they had wanted to re-appoint her to the Board, at least they should have waited for the outcome of the ongoing investigations,” Matooke Republic, an online publication quotes Buhweju MP, Francis Mwijukye.
Winfred Nuwagaba, the Shadow Attorney General, told the appointments committee not to approve Bagyenda’s appointment until she’s cleared by the Inspector General of Government (IGG) and the FIA.
Bagyenda is also under a separate investigation by the Inspector General of Government (IGG) over allegations of illicit accumulation of wealth. But the deputy IGG George Bamugemereire was recently quoted by the media saying the Bagyenda investigations are complete.
Bagyenda’s investigations and asset verification has been carried out by the Leadership Code Directorate in the office of the IGG.
On February 20, a whistleblower petitioned the IGG to investigate Bagyenda, referring to different assets, and the billions of shillings she allegedly had on her accounts. It is believed that her wealth doesnt match her salary as a department director at Bank of Uganda, the country’s central bank and regulator of the banking industry.