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SUDHIR/BOU WARS: The Naked Truth Exposed: Falsehoods Sudhir’s Fans Told Vs. Bank Of Uganda’s Kasekende

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L-R: Bagyenda, Sudhir, Edith Kasekende and husband Kasekende

Being the tycoon he is, there is little surprise that Dr. Sudhir Ruparelia has many fans and supporters operating in the social media space. These have nowadays been very active character-assassinating BoU officials they see as being responsible for the collapse of his Crane Bank empire. One of the biggest victims is Dr. Louis Kasekende, his reclusive wife Edith Kasekende and his former BoU workmate Justina Bagyenda. Sudhir’s supporters have uttered many things on social media targeting Dr. Kasekende and his wife who should be less concerned about the husband’s public position. One of the most notorious falsehoods is that Edith was being used as a conduit to coordinate funny deals between the Deputy Governor and some of the law firms BoU hired to prosecute the Sudhir case and to also finalize the sale of CBL and the recovery of USD80m from Sudhir and other CBL shareholders. It has been peddled that Edith Kasekende was dubiously hired to offer HR consultancy services for BOWMANS which is one of the law firms BoU had retained for the Sudhir case.

THE NAKED TRUTH;

The truth as established by Grapevine is as follows; sometime in 2013, BOWMANS suffered severe staff exodus and this was at a time the South African partners were buying into the firm and coming on board to boost its global profile. Many employees were leaving and this scared the South African partners. Price Watershouse Coopers (PWC) which is an HR and audit firm in Kampala was approached and hired to help restore sanity at BOWMANS. Francis Kamulegeya who heads PWC deployed Mrs. Baliddawa to head a team of consultants to help BOWMANS come up with better strategies to ensure staff retention or else the AF Mpanga firm then based at Workers House risked losing the BOWMAN partnership. Mrs. Baliddawa did some work and set up systems and even recruited an HR Manager for BOWMANS. This was a lady called Dorothy from Shell Uganda. She then went ahead with creating strong HR systems to ensure staff retention and talent attraction for the law firm. In her report, Mrs. Baliddawa pointed out why even when they were given instant salary increment, young lawyers still insisted on quitting AF Mpanga. The lawyers still quit even after the crowded Workers House office was abandoned for more spacious DFCU Towers. After sometime, Mrs. Baliddawa quit PWC and went into retirement. She left in place a team of young consultants carrying on the work at AF Mpanga/BOWMANS and this lasted several months for which PWC experts were paid a retainer. Meanwhile Edith Kasekende was also working with PWC and on Mrs. Baliddawa’s recommendation, Francis Kamulegeya deployed her to boost the teams working for BOWMAN to establish strong HR systems. That is how she came to work for AF Mpanga in her own right as an eminent HR practitioner and not as wife of Dr. Kasekende.

BOWMANS WORKING FOR SUDHIR;

By the way, this way before the AF Mpanga/BOWMAN lawyers ever got to be involved in any work relating to Sudhir and BoU. The truth is the law firm only worked for Sudhir during the takeover of Amama Mbabazi’s National Bank of Commerce by CBL. Fred Muwema, representing the NBC owners, used Justice Steven Kavuma to get a strange court order against CBL bosses including the MD Kalan, the DMD and Sudhir himself. He accused them of contempt of court that they went on to take over NBC operations even when there was an order restraining such as issued by Justice Kavuma. There was panic at Crane Chambers and city lawyer Alex Rezida (a director in CBL) recommended that AF Mpanga would handle that Muwema case on behalf of CBL. He led the AF Mpanga lawyers to Crane Chambers late evening and instructions were issued inside Sudhir’s office. The case was worn and the AF Mpanga attorneys moved on. That is the only deal they ever had with Dr. Sudhir who sometime back accused them of conflict of interest. Muwema’s client NBC had brought contempt of court criminal proceedings against both CBL and BoU which was separately represented by MMAKS. Then much later on, the same AF Mpanga came to do some work for BoU as external lawyers after some diplomatically powerful representatives in Kampala got concerned and insisted on AF Mpanga’s inclusion on the team of lawyers to pursue the CBL saga. Justine Bagyenda, the strong Mukiga lady who was at first very uncomfortable with the AF Mpanga law firm on grounds that it had represented Kizza Besigye and other FDC honchos in high profile cases, was instructed to add AF Mpanga on the list of BoU’s legal team to pursue the CBL matter. She directed PWC to closely work with the firm in carrying out a forensic audit on CBL and this angered the Sudhir camp. That forensic report became the basis for the CBL’ sale to DFCU which took it after other bidders became disinterested in seeing the bank’s vulnerable situation (it had just UGX1.5bn against depositor obligations stretching over UGX1trn). This was long after Edith Kasekende had been working for BOWMANS as HR consultant. Even after quitting PWC, after Francis Kamulegeya communicated that PWC would be scaling down on HR practice to concentrate on its core function which is audit, Edith Kasekende maintained a consultancy relationship with BOWMANS and all this clearly had nothing to do with Dr. Kasekende or any dealings regarding CBL. On starting her own company, she still occasionally moved in to support and supervise other teams on ground working to ensure the BOWMANS HR functions worked well. Of course she would be paid by BOWMANS for her services and it’s these payments that Sudhir’s fans misconstrued for being a conduit for money to her husband Dr. Kasekende.  Because they wanted to make Dr. Kasekende look shady and dirty, they also deliberately misrepresented Edith’s bank statements to exaggerate her bank balances as if she is a billionaire whereas not. She simply kept fixing her own retirement benefits package in order to get some interest at the end of the banking year but Sudhir’s fans made it appear she was damning rich.

CONFLICT OF INTEREST CLAIMS;

But there has also been claims of conflict of interest being propagated by Dr. Sudhir’s supporters. But there is one glaring case they never speak about. Ernest & Young which OAG John Muwanga hired to do the latest audit report on BoU had for some time back accumulated an axe to grind with Bagyenda. As the powerful Director supervision, Bagyenda had denied E&Y business a few years ago and struck them off the list of audit service providers after they missed submitting very important pre-qualification documentation.  And here was the same firm being tasked or hired by Muwanga to audit BoU decisions including those that occurred at a time Bagyenda was in key authority and decision-making positions. Its hard ruling out this being an opportunity to settle an old score against Bagyenda and other heavyweights at BoU.

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Liquid Telecom Uganda Joins Muslim Fraternity In Fasting

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Liquid Telecom Uganda, the leading independent data, voice and IP provider in eastern, central and southern Africa has joined Uganda’s Muslim fraternity in Fasting and observing the holy month of Ramadhan.

While supporting the Muslim Community at Kibuli Mosque, Kampala on 17th May 2019, Liquid Telecom acknowledged the contribution that the Muslim customers bring to the business and to the country. During the event, Liquid Telecom handed over items which included food stuffs and gifts to the Muslims in celebration of Ramadhan.

The company identifies and has values that always puts its clients and Ugandans happiness at the forefront of its plans and operations. “We believe that the milestone achieved by the firm are a result of the overwhelming support that we enjoy from the public and therefore we must reciprocate the love. There is no better way of doing this than joining our Muslim brothers to observe this holy month in fasting,” noted the Liquid Telecom CEO, Dennis Kahindi.

The CEO also reechoed their customer-centric innovation approach which leverages customer needs to serve better by delighting our customers. He noted that, the firm’s future-focused approach to new product development makes their services enduringly adaptable. “Our agile, flexible and dynamic business model keeps us at the forefront of telecoms innovation. And by listening to customers, we ensure that our solutions are constantly evolving to meet their needs,” explained Kahindi.

He also commended the exemplary contribution that Muslim community brings to LTU. “We have a huge customer base as well as staff who are Muslims by faith. Its therefore imperative to note that Islam faith is one of the pillars that keeps our firm steady in Uganda,” added Kahindi.

About Liquid Telecom – www.liquidtelecom.com

Liquid Telecom is a leading communications services and solutions provider across 15 countries in Eastern, Central and Southern Africa that serves carrier, enterprise and retail customers with high-speed, reliable connectivity and digital services. It has built Africa’s largest independent fibre network, spanning over 50,000km, and operates state-of-the-art data centres in Johannesburg, Cape Town and Nairobi, with a combined 6,800 square metres of rack space. This is in addition to delivering leading cloud-based services, such as Microsoft Office365 and Microsoft Azure, and innovative digital content provision, including Netflix, NBA, TED and Kwesé Play. Through this combined offering, Liquid Telecom is enhancing customers’ experience on their digital journey.

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Post Bank MD Mukweli, Seven Other Bank Bosses Charged With Fraud Offences

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Mukweli (2nd R) together with other bank officials who were charged with fraud

Post Bank Managing Director (MD) Stephen Mukweli together with seven other Bank bosses have been charged with fraud offences.

Mukweli was charged together with other bank officers on three fraud related charges. Other bank officials charged included Safina Wabuna, the Executive Director, Information and communication Technology at the bank, David Mwesige, the head of Information Technology at Post Bank, Augustine Kisitu, the head of business technology at post bank, Emmanuel Mwaka , Alex Kaheru, the credit  and loan officer and Gilbert Wameya. 

The state alleged that on 16th of October 2017, Mukweli abused his office as the MD and committed arbitrary acts prejudicial to the interest of his employer when he signed a contract for the supply of e-suit banking system to compulynx Uganda limited for UGX 5,774,423,972 instead of UGX 4,200,000,000 that had been approved by the contracts committee, which was against section 11(1) of the Anti-corruption Act 2009.  Wabuna, Mwesige and Kisitu were also charged with abuse of office.

The state further alleged that on 29th October 2017, in Kampala district, the accused did arbitrary acts prejudicial to the interest of their employer and requisitioned, approved and confirmed availability of additional funding of UGX 1,600,000,000 without the approval of the contracts committee. 

The state further alleged that on 26th and 27th of March 2018, the accused abused the authority of their respective offices and did arbitrary acts prejudicial to the interest of their employer to wit requisitioned, processed, approved and effected payment of UGX2,887,211,986,13 to compulynx Uganda limited for the supply of E-suit banking system in total disregard of the payment structure stipulated in the procurement contract. 

The suspects arriving at the anti-corruption court

Stephen Mukweli and Wabuna were also separately charged that in the performance of their duties, varied the sum of the contract for conducting information communication technology test, from UGX 20,235,000 to UGX 37,000,000 to Aptech computer education knowing or having reason to believe that acts would cause a financial loss of the sum of UGX 16,765,000 to their employer. 

All the suspects denied the charges before Anti –corruption chief magistrate Pamela Ochaya Lamono and applied to be released on court bail. They were all released and on the first count were ordered to pay shs4m cash each, deposited their passports in court and each surety was ordered to pay shs80m not cash.

On second count, the suspects were ordered to pay shs2m cash and sureties were told to pay shs10m not cash each. However, Emmanuel Mwaka was ordered to pay Shs7m cash because he has only one count and his sureties were ordered to pay Shs 100 not cash each. The case was adjourned to 30th of May 2019. Post bank bosses were arrested by the Anti-corruption unit of State House headed by Lt. Col. Edith Nakalema for abusing their offices and misusing public funds.

By Jamil Lutakome

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MTN Chairman Charles Mbire Quizzed Over Telecom Giant’s Saga

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MTN Chairman Charles Mbire has been quizzed over the MTN saga according to information obtained by the Grapevine.

Security sources have told this website that the tycoon was quizzed over activities of top expatriates (some of whom have been deported), who used the mobile system to try to distabilise national security by supporting subversive activities.

“These MTN bosses, some of who have been deported, were using the mobile money system to support some individuals who wanted to distabilise the country. Money from individuals from hostile countries was being passed through their MoMo system,” the security source told the Grapevine.

When quizzed further on what really took place during Mbire’s quizzing, the source told this website that this information is still confidential.  MTN CEO Wim Vanhelleputte was deported yesterday back to Belgium, three weeks after three of the company’s expatriate staff were expelled.

Security sources have also told the Grapevine that former Head of Legal and Lawyer Katamba Anthony recorded statements. The source added that MTN is also involved in under declaration of Mobile money transactions.

Three weeks ago, MTN Uganda’s general manager for mobile money Elsa Mussolini, an Italian citizen, marketing chief Olivier Prentout, a French national, and Annie Bilenge-Tabura, a Rwandan who was head of sales and distribution were deported. Ugandan authorities accused them of using their positions to “compromise national security.




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