The Independent Uganda: You get the Truth we Pay the Price
THIS WEEK: Police open fresh investigation into former Crane Bank staff
Kampala, Uganda | THE INDEPENDENT | The Police have opened fresh investigations into fraud at the defunct Crane Bank and summoned two of the bank’s former Information Technology (IT) staff. Zaki Syed, a senior IT manager and Samuel Mutunga, another IT manager were summoned by Criminal Investigations Department (CID) over hardware and software procurements.
A total of Shs400billion was lost in various transactions Crane Bank was involved in. The bank was eventually sold to DFCU bank although the sale itself remains a highly debated issue. A letter summoning the two officials signed on behalf of CID Director Grace Akullo by William Kototyo, senior commissioner of Police, read “They should report with details of the software and hardware supplied by Technology Associates and its principals to Crane Bank in March and September 2013 supported with evidence of installation, invoice and payment”.
