Governor’s House Is Not For Sale To Clear BoU Debts Bank Of Uganda Officials Clarifies.

The Bank of Uganda (BoU) has come out to clarify that the Governor’s residence located in Kololo is not for sale. The Bank revealed this in a statement released on all its social media platforms yesterday.

The Bank of Uganda has learnt of the misinformation about the purported sale of the Governor’s residence, that is circulating electronically among the public. This is to notify the public that BoU is not selling the Governor’s residence,” the statement read in part.

Bank of Uganda

It further read: “On Monday February 20, 2023, BoU published a bid notice, announcing the disposal of assets, that include: Plot 7-9 Elizabeth Avenue Kololo Kampala and Plot 41 Kampala road, Masaka. The asset in Kololo is an empty plot of land that is being disposed off not the Governor’s residence.

The BoU appeals to the public to disregard the misinformation about the sale of the Governor’s residence,” the statement concluded.

The BoU in an advert in one of the dailies early this week listed properties that the Bank was disposing. This led to speculation among the public who immediately concluded it was the Governor’s residence on sale.

It should be noted that following the death of long-serving former Governor of the Bank of Uganda, Emmanuel Tumusiime Mutebile, early last year, Anita Among, the current Speaker of Parliament, asked Government to permanently give the Governor’s residence to his family as a token of appreciation for his dedication to serve Uganda.

Among, who made the remarks during the vigil held at the residence a day after the former governor was announced dead, said the gift would honour the integrity of Mutebile.

Giving the house permanently to Mutebile’s family would honour the late Governor’s integrity. Mutebile served Uganda with dedication,” she said.

Among added: “I asked Thomas Tayebwa (government chief whip) to make sure that the official residence is given to the family in honour of his (Mutebile) integrity.”

Among’s call caused an uproar from the public with some arguing that the late Governor was one of the best-paid civil servants, and therefore earning enough to give his family comfort.

During the vigil, Among also said Mutebile was a strong pillar in her career as she started out as an intern at Centenary Bank.

As a young intern at Centenary Bank Gulu branch, Professor Mutebile who had visited the Bank recommended me for promotion after watching me go about my work. On his advice, I was promoted to the level of a supervisor and he became my inspiration in the banking sector,” Among said.

She described the deceased, Mutebile, as a man with integrity, honesty and humility.

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