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Bank of Uganda freezes Action aid accounts

BY Tom Mugisha, Mugisha@alleastafrica.com

KAMPALA –  Bank of Uganda has frozen all the bank accounts of Action Aid Uganda, a Non-Governmental Organisation that fights poverty and injustice, following a police investigation over alleged money laundering.

The closed five accounts including a Uganda Shillings account, US dollar, Pound Sterling and two Euro accounts are held in Standard Chartered Bank.

The NGO was accused by the government last month of receiving money to “politically distabilise” the country.

On October 3, The Deputy Government Bank of Uganda wrote to the Managing Director of Standard Chartered Bank Uganda Limited, saying that the Criminal Investigation Directorate (CID) of the Police was investigating Action Aid International Uganda for alleged conspiracy to commit a felony and money laundering.

“The accounts in question shall remained frozen until otherwise advised by Bank of Uganda,” reads part of the letter

Mr Arthur Larok, the country director ActionAid Uganda, confirmed the freezing of their bank accounts but dismissed the allegations that the NGO was involved in money laundering.

“Anyone with the slightest of understanding and knowledge about ActionAid’s work would know that the reality cannot be any farther from the truth”. He added: “We shall push back, together with our numerous partners the sad trend in our country that the allegations against ActionAid symptomise”.

On September 19th, Police raided the offices of the same organization in Kampala, conducted a cordon and search operation.

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1 comment

rezen Oct 15, 2017 at 8:08 pm

Subject “Bank of Uganda freezes Action aid accounts”, Oct 15, 2017

Commentary, 15 Oct 2017
Anything can happen in a country OWNED by a Dictator for thirty-five (35) years and looking to elongate it for LIFE.

Let us take the case of the >>> QUOTE “frozen [of] all the bank accounts of Action Aid Uganda, a Non-Governmental Organisation that fights poverty and injustice” . UNQUOTE.<<< First of all, let us be honest to ourselves. It is sad to say, but it has to be said, that there is NO such thing as: “fight[ing] poverty and injustice” for Africa, in Africa as claimed by AAU. It is all a ‘profit’ motive between the ‘sender and receiver ‘. It has absolutely nothing to do with the imaged poor, uneducated, displaced, savage African. PERIOD

Now, it is a clear case, that the “Action Aid Uganda” didn’t play by the desires of the Dictatorial OWNER of Uganda. In all probability the ‘handshake’ wasn’t spongy enough!!! It is always a ‘profit’ motive. Eventually, after the charade is played, the ‘handshake’ will be warm enough for every player to go along with the wink, wink, wink understanding and they will all go their way happily ever after — until the next ‘charade and handshake[1]. It is a never-ending charade. And the POOR AFRICAN will always have his share of DUST in his destitute. That is Africa.

But let’s HOPE, <<<as we don’t pay for it: Perhaps, one day, the highly educated African Scholars, with Doctor of Philosophy Degrees (Ph D) from Ivy league Universities of the most civilized Western Countries in the Universe, will SAVE of what would be left of AFRICA.

CRY, MY BELOVED AFRICA.
Footnote: [1] Quote: “On September 19th, Police raided the offices of the same organization in Kampala, conducted a cordon and search operation.” Uquote. It is a never ending profitable game, at the expense of the Righteous Religious African People, with the classical bible/koran on his hand!!!

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