PIGLETS dropped at Bank of Uganda HQ by Youth in PROTEST over “FRAUDULENT & CROOKED” Closure of Banks

By Our Correspondent 

DAILYNEWS UG Unknown person(s) today dropped piglets at the Bank of Uganda premises. The piglets were reportedly dropped by an unidentified man at the main gate of the Central Bank around 10am.

They were draped in placards with the pictures of the Central Bank governor, Emmanuel Tumusiime-Mutebile and Juma Kisaame, the outgoing managing director of DFCU bank.

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On seeing the piglets, security guards at Bank of Uganda alerted Central Police Station Kampala, which dispatched a team of officers to pick up the piglets. However, they were unable to find the person who dropped the piglets.

The Kampala Metropolitan Police spokesperson, Luke Owoyesigyire, says the piglets were taken for safe custody at CPS Kampala.

A youth carrying two piglets before dropping them at Bank of Uganda

“We have not been able to arrest any suspect and we don’t know the reason for dropping the piglets but we are investigating the matter,” Owoyesigyire said.

Bank of Uganda is currently under probe by members of parliament for its role in the sale of Crane bank to dfcu in which over 470bn of taxpayers money was spent. The auditor general in his annual reports, also raised issues with the Central Bank for failing to compile reports on several of closed banks.

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Police are searching for five people suspected to have dropped two piglets at Bank of Uganda (BoU), Kampala.
Kampala Metropolitan police spokesman, Mr Luke Owoyesigyire, said on Monday that they were called by some people at BoU reporting to them that piglets had been dropped outside the bank with placards castigating its officials over corruption and theft.


Police said the piglets were picked and are currently kept at Kampala Central Police Station.
“We have two piglets at CPS but the youth who dropped them took off. We are looking for them and they’ll be charged with violation of animal rights,” said Mr Owoyesigyire.

This comes at a time when Parliament’s Committee on Commissions, Statutory Authorities and State Enterprises (Cosase) is investigating into the closure and sale of seven commercial banks by the Bank of Uganda.

In the past, we have witnessed piglets being dropped at Parliament as a form of protest against decisions taken by the lawmakers.

The Bank of Uganda (BoU) Governor, Emmanuel Tumusiime Mutebile and his deputy, Dr. Louis Kasekende last Thursday met the committee chaired to answer several queries raised by the AG John Muwanga about the closure of the banks in question.

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Parliament last year tasked Muwanga to carry out a special audit following a whistle blower that claimed irregularities during the closures but in their submitted responses, the central bank denies any wrong doing.

During the interface, Katuntu said that although the BoU officials have filed their responses, they sound more like a monologue unless backed with documentary evidence to back up the claims.

On his part Kasekende warned that not all documents will be furnished to the committee because some such as the loans schedule are subject to confidentiality clauses provided for in the country’s legal framework.

Mutebile has asked the committee up to close of business on Monday to avail the needed documents, but the lawmakers will not convene until Friday after reading and internalising the documents.

Com­mit­tee on Com­mis­sions, Statu­tory Au­thor­i­ties and State En­tre­prises  STAND­ING COM­MIT­TEES

The Com­mit­tee on Com­mis­sions, Statu­tory Au­thor­i­ties and State En­ter­prises is man­dated to-

  • to ex­am­ine the re­ports and au­dited ac­counts of Statu­tory Au­thor­i­ties, Cor­po­ra­tions and Pub­lic En­ter­prises and in the con­text of their au­ton­omy and ef­fi­ciency, as­cer­tain whether their op­er­a­tions are be­ing man­aged in ac­cor­dance with the re­quired com­pe­tence and where ap­plic­a­ble, in ac­cor­dance with sound busi­ness prin­ci­ples and pru­dent com­mer­cial prac­tices.
  • Image result for cosase bank of uganda
  • to ex­am­ine the in­come and ex­pen­di­ture of any pub­lic cor­po­ra­tion and state en­ter­prise, or other body or or­gan­i­sa­tion es­tab­lished by an Act of Par­lia­ment to­gether with the Bal­ance Sheet and State­ment of Profit and Loss Ac­counts which the Au­di­tor Gen­eral may have been re­quested to pre­pare un­der the Con­sti­tu­tion or un­der the pro­vi­sions of statu­tory or­ders reg­u­lat­ing the fi­nanc­ing of a par­tic­u­lar cor­po­ra­tion, en­ter­prise or body and the re­port of the Au­di­tor-Gen­eral on them.
  • to ex­am­ine the state­ment of ac­counts show­ing the in­come and ex­pen­di­ture of a statu­tory body or or­gan­i­sa­tion, the au­dit of which may be con­ducted by the Au­di­tor Gen­eral ei­ther un­der the di­rec­tion of the Pres­i­dent in ac­cor­dance with clause (7) of Ar­ti­cle 163 of the Con­sti­tu­tion or by any Act of Par­lia­ment, and
  • sub­ject to the Con­sti­tu­tion and to these Rules, to mon­i­tor the op­er­a­tions of any Com­mis­sion or Au­thor­ity es­tab­lished un­der the Con­sti­tu­tion or any Act of Par­lia­ment.

The Com­mit­tee on Com­mis­sions, Statu­tory Au­thor­i­ties and State En­ter­prises com­prises of 20 Mem­bers des­ig­nated by Party Whips on the ba­sis of pro­por­tional Party Mem­ber­ship in the House tak­ing into con­sid­er­a­tion the nu­mer­i­cal strength of the Par­ties and in­ter­ests of In­de­pen­dent Mem­bers.

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