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Sh60b heist: Museveni issues new directives

About $6.1m (about sh22.5b) meant for the International Development Association of the World Bank was fraudulently wired to an account belonging to Roadway Company Ltd in Japan, while $8.5m (about sh31.5b) meant for the African Development Fund was irregularly paid to MJS International London.

According to sources, the President has also directed the reinstatement of interdicted Accountant General Lawrence Semakula (Pictured), even as investigations continue.
By: Mary Karugaba, Journalist @New Vision


KAMPALA - President Yoweri Museveni has ordered a fresh investigation into the sh60b fraud involving finance ministry officials that occurred in September 2024.

About $6.1m (about sh22.5b) meant

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Tags:
Ministry of Finance
President Yoweri Museveni
Lawrence Semakula
Fraud
Manabu Sato