Former Post Bank Officials’ Trial To Continue Today

Posted by: Kyeyune Andrew Jonathan in Uganda news November 17, 2023

Some former staff members of Post Bank Uganda Limited have been accused of abuse of office which led to a financial loss of Shs292m. Their trial, which had been halted, will now resume today (Friday).

Staff members in question include former managing director Stephen Mukhweli and executive director of credit and business growth Alex Kayaayo.

Also, the head of business growth Fred Samuel Wasike is a suspect. Also involved are sales manager Gilbert Nuwamanya, general manager of finance and administration Jackson Mwesigwa and commissioner Jude Muhereza.

The money is alleged to have been paid as commission under the Social Assistance Grant Empowerment (SAGE) program.

The prosecution alleges that in June of 2016, Mukhweli approved payment of shs292m to Muhereza. By doing this, Mukhweli also abused his authority as the managing director at Post Bank in Kampala district.

Kayaayo also abused his office by irregularly forwarding the payment to Muhereza as a commission under Sage.

The prosecution says that the recipients of this money were not entitled to the payment, charges which the individuals strongly deny.

The SAGE scheme previously aimed at senior citizens of 65 years and above under the Expanding Social Protection Program.

This program is intended to allow access to basic services and thrust income-generating activities.

A person found guilty of the offense of abuse of office is liable to seven years imprisonment upon conviction. Also, a fine not going beyond Shs1.3m or even receiving both sentences. This is according to Section 11 (1) of the Anti-Corruption Court Act.

Section 20 (1) of the Anti-Corruption Court Act says a person who causes financial loss and convicted is liable to a fine not exceeding shs4.8 million. Alternatively, a term of imprisonment not going beyond 14 years, or both sentences.

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