BOU Deputy Governor Dr.Kasekende Allegedly Transfers Properties Into Driver’s Names to survive ongoing COSASE Probe

BY: Eyalama In Business On
- Updated

As Abdul Kantuntu’s  COSASE meetings come to final rounds over the sale and closure of several banks by Bank of Uganda officials,More info has leaked in to our desk in reference to the roles played by the top officials in the closure of seven banks.

In a bid to survive Bank Of Uganda Deputy Governor Dr. Kasekende’s documents have leaked in which it clearly explains how Kasekende has been transferring part of property into the names of his driver and his close family members.

According to the leaked documents it clearly indicates that Dr. Kasekende has successfully transferred 12 plots of land into the names of his driver Moses Musitwa in a bid to elude the on-going scrutiny by the Inspector General of Government (IGG), Auditor general (AG) and parliamentary  Committee on Commissions, Statutory Authorities and State Enterprises (COSASE).

The Leadership Code Act of 2002 requires public officials to declare their properties for purposes of accountability and transparency in order to detect and fight corruption in Gov’t departments. This, could mean that Kasekende was trying to hide part of his wealth he could have allegedly acquired under suspicious manner.

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According to the documents, the filthy rich Kasekende transferred the said properties into the names of his driver Moses Musitwa on January 31, 2018.

‘Rich’ Moses Musitwa, Kasekende’s driver

The documents show that Kasekende has 35 properties in his names yet he only declared to IGG six properties. Pundits are asking as to why he didn’t want to declare them as the law dictates if he acquired legally.

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The leaked documents show that much as Kasekende transferred the properties, there is no evidence to show that the deputy governor sold the plots to the latter.

Some of the properties transferred to Moses Musitwa by Dr.Louis Kasekende.

The plots that are located in Busiro on Block 314 are; plots No. 6090, 6091, 6092, 6093, 6094, 6095, 6096, 6097, 6098, 6099, 6100 and 6101. They range from 0.0450-0.0590 hectares.

However, sources in the lands ministry dealing with this matter intimated that no value of properties was indicated on the transfer forms from. This has raised questions within the registry how the properties could be registered with such anomaly.

On the consent of the transfer forms dated February 1, 2018, it indicates that a consideration of Shs3 million was indicated as the value for all the 12 properties.

Some of the properties belonging to Dr.Louis Kasekende

The document also shows Kasekende owns seven plots of land in Makindu Lane, Buloba (4 plots), Bokoto Rise and Lower Naguru East Road. The document shows his brother Herman Kasekende also owns six plots in Nama, Birongo, Lukuli (2 plots), Munyonyo and Kisugu.

Martin Kasekende, his other family member owns land in Kiruddu, Kyambogo View Street.

Investigations also show that Harriet L. Kasekende owns plot 990 in Kiwatule, Mengo.

George Kasekende owns land at Mpererwe, Barbara Kahubire also has lucrative land in Munyonyo.

In our previous publication, we showed Dr. Kasekende’s un declared properties before the IGG.

The plots include; Plot 38 (0.157 hectares) in Lower Naguru on East road worth Shs1.280 billion, Plot 1423 on block 314 in Buloba worth Shs432 million.

More tittles transfers

Others whose value was not quoted include; Plot 1738 (0.809 hectares), Plot 3213 (0.079 hectares), plot 1427 (3.647 hectares), plot 184 (2.7 hectares), plot 1754 (1.624 hectares) and plot 6102 (0.317 hectares). All the plots are on block 314 in Buloba.

Meanwhile Kasekende was able to declare five properties. They include; Plot 2A (0.142 Hectares) in Makindu worth Shs3.6 billion, Plot 2 (0.22 Hectares) on Bukoto Rise worth Shs2.7 billion, Block 314, plot 706, Plot 1475 Lubowa Estate worth Shs3.6 billion and Plot 12 on Corporation Road Ntinda.

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