Post Bank is resilient despite probe, says Central Bank

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“The Bank of Uganda assures Post Bank customers and the general public that Post Bank Uganda Limited is strong, safe and sound and all its services will continue uninterrupted at all its branches,” Kasekende said.

KAMPALA – The Central Bank has said operations of Post Bank Uganda remain strong, sound and resilient.

The Bank’s statements follow an ongoing investigation into Post Bank’s top officials over alleged abuse of office by the State House Anti-Corruption Unit, a development that has sparked anxiety within its clientele.  

Last week, the Unit led by Lt. Col Edith Nakalema said they received “credible information” from a whistleblower that “a number of senior bank personnel are being investigated over abuse of office.”

In a press statement, the Central Bank deputy governor Louis Kasekende noted that the Central Bank “is aware of the issues under investigation” and is working very closely with the Unit and the Ministry of Finance to ensure that the services and operations of the bank are not interrupted.

“The Bank of Uganda assures Post Bank customers and the general public that Post Bank Uganda Limited is strong, safe and sound and all its services will continue uninterrupted at all its branches,” Kasekende said.

The State House Unit was officially launched by President Yoweri Museveni last year to help weed out corrupt officials in Government ministries, departments, and agencies.

Bellow is  the full statement from Bank of Uganda:

Post Bank is resilient despite probe, says Central Bank

 

NewVision.co.ug

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