The solution is here. Pull up that encrypted file and open it infront of the committe, BoU and Finance Staff. Then cross check those two transaction details. Then do a bank reconciliation against that file. Those people already know who stole the money but they don't want to reveal in public. Such committees should consider adding domain experts on their teams.
That will never be allowed,, especially when there is a possibility of exposing corrupt people and ministers who are close to the president. These committee enquiries are an absolute joke. The new guy in Bots3,,, hopefully will shame these leaders into being truthful..
As a senior citizen of this country I'm very happy with Cosesa team. The truth is computer doesn't work without a human element. Garbage garbage out. There must be a person who inputs data. The computer is not a being
Iam from Zambia and have been following the proceedings. My opinion has been that the mess may have likely occurred at ministry of finance at preparation of encrypted files.
Those people on the committee stole the money themselves. Prison is full of chicken thieves and innocent Ugandans on minor cases of idle and disordery, but why don't you arrest those who stole money for the Bank of Uganda. Security, guards, computers,and burglar doors are all present at BOU premises. How can the money go missing.?.
This chairman is arrogant and confident yet very ignorant because he keeps asking a question that the Chief Banker has already answered...AG authorised. Question should be did BoU receive instructions to pay IDF and ADF? If they received, where is proof they paid? Then ask MoF, are they actually the ones who instructed BoU to pay Roadway and MJS? These questions should be asked when both parties are facing each other. Otherwise this committee is wasting time.
Chairman....you need to have BoU officials together with MoF officials so that questions can be answered between them before you straight away. Otherwise you'll be taken round and round.
If bank of Uganda sends a statement on a daily basis why did take so long to discover that money was sent to wrong beneficiaries. It means the one who reconciles the account must be part of the fraudulent transactions.
The people at ministry of finance have taken advantage of the weakness of the system, and this does not hold any one accountable due to not revealed signatories. How do you the learned person's trust such doubious unverified authorities.
IT'S VERY UNFORTUNATE THAT WE HAVE AN MP- MUWADA NKUNYINGI. THE KIND OF QUESTIONS HE IS ASKING ARE SO ANNOYING, FULL OF IGNORANCE. AND ARE VERY VERY VERY ANALOGUE KIND
Iam confused as a former banker.ministry of finance issues instructions to service a due payment-ADF and IDA. Bou says instructions were for paying a supplier of recycling and machinery. The two supportive documents are different so who is fooling.BOU is the culprit here they never did background checks as a chief bankers they cannot just relay on systems without background checks
Muwadda's qstns simply show he has never worked for any organisation. You can deal with people on a daily basis and you have never met b4. You simply communicate on phone or email purely on job issues, but personally you don't know them esp if you work for a large entity like BOU or min of fin.
@GeorgePeterMagoola ofcourse not knowing their names is un usual. But like they said yesterday ( IT guy,) it's a private key from min of fin that gives instruction to the system to unlock. So once once the system unlocks it's un indication that their are lawful instructions from Min of finance.
What i understand if not am wrong is that they deserve a fair hearing because all information gathere during this cross examination will either implicate or exonerate some , but the culprits will be zeroed on.
The solution is here. Pull up that encrypted file and open it infront of the committe, BoU and Finance Staff. Then cross check those two transaction details. Then do a bank reconciliation against that file. Those people already know who stole the money but they don't want to reveal in public. Such committees should consider adding domain experts on their teams.
That will never be allowed,, especially when there is a possibility of exposing corrupt people and ministers who are close to the president. These committee enquiries are an absolute joke. The new guy in Bots3,,, hopefully will shame these leaders into being truthful..
I love the chairman’s thought process.He is always thinking. Uganda you have a powerful chairman
This is the importance of having very strong personnel in opposition to checking government institutions.
Thanks, Hon Ssegona.
The country needs such calibre of the chair, so rational ,so intelligent ,composed, a true leader
As a senior citizen of this country I'm very happy with Cosesa team. The truth is computer doesn't work without a human element. Garbage garbage out. There must be a person who inputs data. The computer is not a being
Hon Segona is just good with...his the only one ...bravo
This reminds me the reasons to why Chairmen must be willing and leaders
Thanks Chairman for the reasonable work
Iam from Zambia and have been following the proceedings. My opinion has been that the mess may have likely occurred at ministry of finance at preparation of encrypted files.
You are right 👍🏿 ✍🏿
Those people on the committee stole the money themselves. Prison is full of chicken thieves and innocent Ugandans on minor cases of idle and disordery, but why don't you arrest those who stole money for the Bank of Uganda. Security, guards, computers,and burglar doors are all present at BOU premises. How can the money go missing.?.
This chairman is not alone, the committee should change the chairperson immediately
The secret is in the encrypted files my strong opinion.
This chairman is arrogant and confident yet very ignorant because he keeps asking a question that the Chief Banker has already answered...AG authorised.
Question should be did BoU receive instructions to pay IDF and ADF? If they received, where is proof they paid? Then ask MoF, are they actually the ones who instructed BoU to pay Roadway and MJS? These questions should be asked when both parties are facing each other. Otherwise this committee is wasting time.
Chances are high, their system was hacked
Chairman....you need to have BoU officials together with MoF officials so that questions can be answered between them before you straight away. Otherwise you'll be taken round and round.
MUWADWA IS IN THE ANALOG ERA😅😅
That banking officer talks with a lot of guilt
Hon. Seggona z almost leading us 2 da organized cult.....................
I like the way the committee chairman is carefully and confidently handling the process.
If bank of Uganda sends a statement on a daily basis why did take so long to discover that money was sent to wrong beneficiaries. It means the one who reconciles the account must be part of the fraudulent transactions.
But looks like the beneficiaries are not wrong.
But uganda is heading where,bank seems to know the truth but fears to speak out
This chair likes to shut down his members! If he is the know it all why then have other committee members? He might as well do it alone!
It’s a process cos once you rush it , you might leave out some important information
No, but some of our MPs are so petty and full of prejudice, they need to be told off.
@@jimmykats7615Thanks, Most MPs on the Panel are inexperienced
@@jimmykats7615Like muwadwa😅
😢😢😢MUWADWA IS SO ANNOYING AND JUST PISSES ME OFF. AND I THINK THIS MUWADWA TAKES LONG TO UNDERSTAND
The people at ministry of finance have taken advantage of the weakness of the system, and this does not hold any one accountable due to not revealed signatories. How do you the learned person's trust such doubious unverified authorities.
The lead witness knows the details of who authorised them.
Bambi bano babakozesa bukozesa abaaziryà bakama baabwe bali waggulu
Thanks for keeping us updated.
The IT officer looks purely robber.
Waliwo orders from above,babba ssente atenga bebakama baabano ,nolweekyo bano batya okubawaayo kuba bakama baabwe
BoU are simply store managers. A store manager has no say when the owner dictates on anything.
exactly they are just the paying authority.
@markatingi8645 indeed.!
Mr segona do what will help you after that regime and remember people are watching.
Next part, thanks for updating us
IT'S VERY UNFORTUNATE THAT WE HAVE AN MP- MUWADA NKUNYINGI. THE KIND OF QUESTIONS HE IS ASKING ARE SO ANNOYING, FULL OF IGNORANCE. AND ARE VERY VERY VERY ANALOGUE KIND
Manage file system us handles by a human being. Let these BoU officials don't deceive anybody.
The director of IT is right. Remove cameras. So that they speak. So you want the country to lose more money to hackers?
Iam confused as a former banker.ministry of finance issues instructions to service a due payment-ADF and IDA. Bou says instructions were for paying a supplier of recycling and machinery. The two supportive documents are different so who is fooling.BOU is the culprit here they never did background checks as a chief bankers they cannot just relay on systems without background checks
But how did they know that the issued instructions were for the recycling organization???
Chair continue interrogating BOU staffs
Remmy from Zambia, iam almost believing your opinion.
Hon muwada is intelligent
To be honest, i also thought Kaimakazi was a small girl fresh from uni
Muwadda's qstns simply show he has never worked for any organisation. You can deal with people on a daily basis and you have never met b4. You simply communicate on phone or email purely on job issues, but personally you don't know them esp if you work for a large entity like BOU or min of fin.
And you can't know their names? Yet you receive instructions from them
Come-on 😂
@GeorgePeterMagoola ofcourse not knowing their names is un usual. But like they said yesterday ( IT guy,) it's a private key from min of fin that gives instruction to the system to unlock. So once once the system unlocks it's un indication that their are lawful instructions from Min of finance.
Good work
MUWADA NKUNYINGI GO AND STUDY AT LEAST A SHORT COURSE IN I.T
MUWADA NKUNYINGI GO BACK AND STUDY AT LEAST A SHORT COURSE IN I.T
Chairman nice work but a lot of time wasting !
Why hide Ugandans yet u want to use their money
Muwada lacks patience
Why do you tolerate all these guys??? Just arrest everyone there
What i understand if not am wrong is that they deserve a fair hearing because all information gathere during this cross examination will either implicate or exonerate some , but the culprits will be zeroed on.