BoU security official released on bail

Beatrice Kyambadde (left) escorted by a female Police officer on the day she was arrested (Picture by Edward Luyimbazi)

CRIME

KAMPALA - The Security Assistant at Bank of Uganda, who has been in jail over neglect of duty in respect to the ongoing Parliamentary investigations into the closure of several Banks, has been finally granted bail by court at City Hall in Kampala.

Beatrice Kyambadde appeared before Magistrate Patrick Talisuna, this morning and was ordered to deposit a cash bail of 500,000shs while her sureties are to sign a noncash bond of five million Uganda shillings.

Court also cautioned the suspect and her sureties to ensure that she returns to court on January 14 2019, for mention of her case.

Magistrate Talisuna has ruled that, Kyambadde is presumed innocent until proved guilty.

Given the nature of her case, court granted her bail upon presenting substantial sureties, and confirming that she would not interfere with the investigations, thereafter.

Two weeks back, Beatrice Kyambadde and her co-accused Charles Omoro were detained on orders of the Committee on Commissions, Statutory Authorities and State Enterprises (COSASE), headed by Bugweri legislator, Abdu Katuntu.

This was after the duo failed to explain how vital documents regarding the sale and liquidation of several Banks including; Teefe, and Greenland bank, among others, went missing from Bank of Uganda.

It is further alleged that the duo neglected to perform their duties as required, of searching people with their bags while entering or leaving the Central Bank, which apparently led to the disappearance of the vital documents.

The prosecution side says, the offence was committed on 10th, February, and 14th, March, this year.

However, the accused deny the allegation, while investigations into their case continues.

Meanwhile, Omoro, will be produced in court on Tuesday, to enable the same court look into his bail application.