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Senior Finance Officials in Uganda Charged with Corruption Linked to Central Bank Hacking

February 9, 2025 - 23:29

Senior Finance Officials in Uganda Charged with Corruption Linked to Central Bank Hacking

A Ugandan court on Wednesday charged nine senior officials from the Ministry of Finance, Planning, and Economic Development with serious allegations of corruption, electronic fraud, and money laundering. The charges stem from an extensive investigation into a hacking incident that compromised the operations of the central bank.

The officials are accused of facilitating unauthorized access to sensitive financial data, which resulted in significant financial losses for the state. Prosecutors allege that these individuals exploited their positions to orchestrate schemes that defrauded the government and misappropriated public funds.

This case highlights the growing concerns over corruption within Uganda's financial institutions and the need for greater accountability among public officials. The court proceedings have drawn significant public attention, as many citizens demand transparency and justice in the wake of the alleged misconduct. As the legal process unfolds, the implications of this case could have far-reaching effects on governance and trust in Uganda's financial systems.


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