BOU boss denies Justine Bagyenda in front of COSASE

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Bank of Uganda boss Emmanuel Mutebile, has denied ever delegating his powers to the former Executive Director Supervision, Justine Bagyenda to enter into an agreement with Dfcu for the sale of Global Trust Bank.
Mr Mutebile made the stunning declarations on Friday during the probe into the closure of the seven defunct banks by Bank of Uganda. at a hearing by Mr Abdu Katunu, the Chairman of the Committee of Commissions, Statutory Authorities and State Enterprises (COSASE), asked the Governor if he delegated his constitutional powers
Justine Bagyenda has been answering questions from COSASE concerning the closure of global trust bank and DTB which were sold to DFCU bank without consultations from top officials