Kampala, Uganda | THE INDEPENDENT | Businesses have been encouraged to embrace Environmental Sustainability Governance (ESG) practices which are more than a regulatory requirement, but a strategic move towards enduring sustainability and resilience in a dynamic business environment. The call was made today by PostBank Uganda Managing Director who …
Read More »Five Post Bank staff arrested over theft of sh138million
Arua, Uganda | THE INDEPENDENT | Arua central police station is holding five staff of Post Bank over the alleged theft of Shillings 138 million. The suspects include Leonard Lakwey, the Operations Manager, Walter Feni, the Customer Service Officer, Resty Lunkuse, David Tenywa, and Brian Olara Okidi, all banking officers at …
Read More »Post Bank in spotlight as parliament questions PDM money tansfers
Kampala, Uganda | THE INDEPENDENT | Legislators have expressed discontent over the reported fraud surrounding disbursement of funds under the Parish Development Model (PDM) to beneficiaries. MPs are primarily concerned with the Wendi mobile Application used by Post Bank to transfer funds to beneficiaries, which is said to have been …
Read More »Mbarara Post Bank credit officer remanded over UGX 500,000 bribe
Kampala, Uganda | THE INDEPENDENT | The Anti-Corruption Court in Kampala has remanded Danson Nahurira a Credit Officer with Post Bank Mbarara Branch for allegedly receiving an inducement of 500,000 Shillings. Nahurira was arraigned before Court presided over by Grade One Magistrate Esther Asiimwe on Friday and charged with one count …
Read More »Court orders retrial of a case against Post Bank
Kampala, Uganda | THE INDEPENDENT | The Court of Appeal sitting in Kampala has overturned the ruling of the High Court that had dismissed an appeal by Post Bank Limited forcing it to pay a one William Barigye money that had been erroneously credited on another client’s account. According to court …
Read More »Elders in Moroto concerned over delayed SAGE payments
Moroto, Uganda | THE INDEPENDENT | The elders in Moroto district have expressed concern over delay in the payment of their money under the Social Assistance Grant for Empowerment (SAGE) program. The SAGE is a social transformation program in which the government hands out cash to old persons aged 80 years …
Read More »Former Post Bank officials lose bid to block suspension
Kampala, Uganda | THE INDEPENDENT | The High Court in Kampala has dismissed with costs an application by five Post bank officials challenging their suspension without a fair hearing. They are Stephen Mukweli, the Managing Director, Safina Wabuna Nakiyemba, the Executive Director for Information and Communication Technology, David Mwesige, the head …
Read More »Election petition: Judge orders Post Bank to produce financial statement of Lira Woman MP
Lira, Uganda | THE INDEPENDENT | Justice Vincent Emmy Mubago has directed Post Bank Uganda, Lira branch to produce the financial statement of Linda Agnes Auma, the Lira District Woman MP within three days. The directive stems from a petition by Bonny Aliro challenging Auma’s election as Lira Woman Member …
Read More »COVID-19 Cash: Post Bank fails to recover sh235 million
Kampala, Uganda | THE INDEPENDENT | Post Bank has failed to recover Sh235million that was disbursed in double payments to COVID-19 cash beneficiaries, according to the bank’s Chief Executive Director, Andrew Kabeera. He disclosed this to a joint parliamentary team comprising the Public and Local Government Accounts committee. Parliament is currently …
Read More »Gov’t yet to disburse UGX 1.4Bn relief cash
Kampala, Uganda | THE INDEPENDENT | 1.4 Billion Shillings is yet to be disbursed to vulnerable people as Covid-19 relief cash. This was revealed by Julius Kakeeto, the Post Bank Chief Executive Officer and the Executive Director Andrew Kabeera on Friday while appearing before the joint parliamentary team, comprising the Public and …
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