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.
According to Kiiza, the thugs open fire to scare off on lookers before they sped off in a Toyota premio vehicle towards Nakalama trading center and branched off to a murram road. Police pursued the thugs and intercepted them at Kasolo village in Bulamagi Sub County leading to a fierce shot in, which one thug was killed.
Madina Nakitanda, the director of Husnah Enterprises Limited, says they were already grappling with various taxes before the transaction levy came in the picture. She asks government to scrap the mobile money tax and retain the old taxes including trading license fees, income tax and excise duty.
Katenta later filed a case at Kampala Central Police Station claiming that she had been mugged and all the money taken by thugs as she entered the bank. She was picked up a day later after Metropolitan Forex Bureau filed a case of theft against her and Nanyanzi.