First, the BOU did not take Shs 478 billion from an undisclosed account. The BOU provided a loan to Crane Bank and this money came from the BOUs own resources. The BOU is a Central Bank and like any other Central Bank it can create financial assets and liabilities. In this case the BOU created a financial asset the loan to Crane Bank which was matched by an equivalent liability an increase in the money supply.
Kirumira filed a complaint on February 28th, 2018 claiming that unidentified people had trailed him with numberless motorcycles for a couple of days and expressed fear for his life.
The suspects were found in possession of a pistol registration number UG PSO T110206A011 belonging to Saracen which was assigned to Olibilunga. They were also found with a polythene bag with 29 rounds of ammunition for an AK47 riffle and 48 bullets for the pistol.
Lyavala was picked up as he was planning to attend the campaign rally of his rival, Asuman Basalirwa, the Justice Forum candidate at Busoga University playground along Saza road.
