BOU Officials Grilled Over Loan Acquisition Company

Comments 227 Views Kampala, Uganda
Central Bank Staff and a section of MPs in a discussion over sale of loans during a committee break. Olive Nakatudde

Central Bank Staff and a section of MPs in a discussion over sale of loans during a committee break. Login to license this image from 1$.

In short
In his report, the Auditor General noted that in December 2007, Bank of Uganda signed an agreement with Nile River Acquisition Company to sell the debt portfolio for the three closed banks at US Dollars 5.25 million approximately Shillings 8.8 billion.

 

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