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Intelligence Authority Investigating How Bagyenda Made Shs 19 Billion in Two Years

Financial Intelligence Authority Confirms Probing Bagyenda

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According to Fia executive director Sydney Asubo, the authority is verifying available information on the matter.

“We shall share the information we have with other law enforcement agencies,” said Asubo.


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“We are still compiling information about the financial dealings of Bagyenda. We shall then have to verify it.”

After this, according to Asubo, prosecution will look into whether Bagyenda can be tried or not.

In 2017, a one Dickwitington Kimeze, petitioned the IGG to investigate Bagyenda wealth.

According to Kimez, Bagyenda flouted the  Leadership Code Act by failing to declare all her property.

The Leadership Act requires  that a person within three months after becoming a leader and thereafter every two years, during December submits to the IGG a written declaration of the leader’s income, assets and liabilities.

Kimeze also claimed that Bagyenda had accumulated Shs 19bn in just two years, way above her salary and other investment returns.

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