By Mubiru Ivan

Members of Parliament have asked Bank of Uganda Deputy Governor Louis Kasekende to step aside to give room for investigation into his wealth.

Last week, the Inspector General of Government (IGG) kicked off an investigation into the wealth of 100 BoU top officials including Kasekende and his boss, Tumusiime Mutebile.

Legislators led by Nwoya representative Simon Oyet said it’s very hard for a person holding such an office to be investigated because there are chances that such a person can interfere with the probe. The MPs were talking to the press at Parliament on Wednesday.

“If you know that you are innocent, then why are you worried? Step aside and allow the IGG do their work,” Oyet noted.

In his recent declaration of income, assets and liabilities form to the IGG, Kasekende revealed that he garnered his wealth through  savings from research grants, salary, travel allowances, mutually agreed separation allowance from AfDB, pension BoU and AfDB as well as a disturbance allowance by Bank of Uganda.

In the same form, Kasekende, who was reappointed deputy governor on January 18, 2015, also lists rental income as another source of wealth, citing five properties in upscale Gaba, Lubowa, Ntinda, Naguru and Kololo valued at Shs2.1b, Shs1.4b, Shs0.39b, Shs1.3b and Shs2b. These, he declares, bring in a monthly fee of USD13,233 (Shs52m).

On top of that, Kasekende has a residential house worth Shs0.5b as well as a farm valued at Shs500m and Greenhill Academy (jointly owned with his wife Edith Kasekende) among other multi-billion assets.

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