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@kfm Fri, 20 Oct 2023 05:53:08

Nabbanja tasks BoU on fraud allegations in banks

Prime Minister Robinah Nabbanja has tasked the Bank of Uganda to investigate the allegations of digital bank fraud that have raised concern among Ugandans, many of whom claim their funds have been drawn without their knowledge. The matter was raised by Kasambya County MP, David Kabanda during the Prime Minister’s question time in a plenary session chaired by the Deputy Speaker of Parliament Thomas Tayebwa on Thursday. Nabbanja has also asked the Minister of Finance to present a statement on the matter that threatens to erode public confidence in the financial sector. “It is true and I have also seen the same media reports, people recording themselves in Equity Bank. Somebody was running up and down and the bank officers […]

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