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Thieving Ugandan Officials Plundered 60 Billion Like Hungry Vultures

by Writer
February 9, 2025
in Opinions, Politics, Uganda
BoU’s Deputy Governor, Michael Atingi-Ego, should explain why this sum was released without proper confirmation.  Image maybe subject to copyright.

BoU’s Deputy Governor, Michael Atingi-Ego, should explain why this sum was released without proper confirmation. Image maybe subject to copyright.

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Uganda’s financial system has once again been laid bare, exposing the grotesque rot at its core. The shocking revelation that Shs60 billion was siphoned off to ghost individuals is not just another scandal—it is an unforgivable betrayal of Ugandans. These government parasites, masquerading as Finance Ministry officials, have turned public coffers into their personal feeding troughs, stuffing their pockets while millions of citizens struggle to survive.

Let’s call this what it is: pure, unadulterated grand theft! For far too long, the Ministry of Finance and the Bank of Uganda (BoU) have operated as dens of plunder, where corrupt bastards in designer suits sign off multi-billion transactions with the same ease as one orders lunch. The so-called Management Information System (MIS), meant to safeguard financial transactions, has instead become a cash-spitting slot machine for the elite thieves. The Accountant General, Lawrence Ssemakula, must answer for this brazen daylight robbery. Was the 60 billion hack a case of negligence, incompetence, or a well-executed inside job?

The timing of this so-called security upgrade is too damn convenient. Millions were allegedly spent to enhance system security, yet the funds conveniently vanished in broad daylight. This is not just incompetence; it’s high-level, state-sanctioned robbery! And who is held responsible? A handful of low-ranking scapegoats while the real masterminds laugh all the way to their offshore bank accounts.

Even Ramathan Ggobi, the Permanent Secretary and Secretary to the Treasury, cannot escape scrutiny. His restructuring of the Human Resource Office is nothing but damage control, an afterthought to distract from the fact that his own office stinks of corruption. If the system was already infiltrated, why did it take a scandal of this magnitude to trigger change? This was a planned loot, executed with the blessing of the very people who are now pretending to investigate it.

And let’s not forget the Bank of Uganda’s role in this grand heist. Payments of such magnitude do not simply “slip through the cracks.” BoU’s Deputy Governor, Michael Atingi-Ego, should explain why this sum was released without proper confirmation. Was this negligence, complicity, or both? The CID’s investigations into BoU should be as ruthless as possible, because this scandal extends beyond the Finance Ministry—it is a systemic rot infecting every corner of Uganda’s financial institutions.

Ugandans must wake the hell up and demand real accountability. This cycle of theft, fake investigations, scapegoating, and eventual silence must end. Heads must roll—starting from the top! Until then, every Ugandan should know that their taxes are funding the extravagant lifestyles of a bloodthirsty cabal of government thieves.

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