The closure of banks without following the due process might be a serious issue for thousands of people who banked into those institutions, the hundreds who worked in the banks, and for shareholders who sank in billions of shillings to start those financial institutions among other interested parties, and one expected officials from Bank of Uganda to come before the COSASE in somber mood knowing that when found culpable, it could land them in hot coup. That was not the case.
Bank of Uganda officials in photographs below came to parliament upbeat and left the committee in good mood.
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