By Hillary Kiiryaand Peter Kaujju

THE Inspector General of Government (IGG) is probing a Bank of Uganda director over alleged diversion of millions of shillings for personal use.

The deputy IGG, Raphael Baku, said Grace Ndyareeba of the Supervision Department allegedly signed for the money for supervising commercial banks, but abandoned the work mid-way.

Ndyareeba allegedly went to the US for an anti-money laundering workshop instead of completing the work.

“Investigations are midway,” Baku said.

Ndyareeba said he supervised for 15 days and went for the workshop.

He said he used about sh300,000 out of the over sh3.4m he had requisitioned for.

Ndyareeba said he had refunded the money, which he did not use for the remaining days.

The daily supervision allowance for Kampala banks is sh20,000.

Sources said Ndyareeba conducted double requisition for money meant for supervisions he never carried out.

A source said 14 officials from the department were also assigned supervision of the commercial banks and had signed for over sh30m.

A report on the allegations will be out by early February.
The probe into the allegations started in August last year.