Bank of Uganda halts construction of Governors House over fraud

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Bank of Uganda recently launched a plan to construct a residence for the future Governors. A call for expression of interest in the project was issued.

However, there have been concerns in the public domain that the process of the procurement of the land and construction of Governors house was fraudulent.

According to the Public Procurement and Disposal Act 2003, a bidder who is aggrieved by the outcome of a public procurement can object in writing.

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Accordingly, one of the unsuccessful bidders in the procurement of the Governor’s property has invoked these rights and requested for an administrative review.

The Inspector General of Government has already received the complaint and referred the matter to the Public Procurement and Disposal of Public Assets Authority (PPDA), who are investigating the issue as provided for by law.

The BOU Management has come up to assure the public that the Bank firmly complies with the laws, guidelines and best practices of public procurements in Uganda.

The bank says the process of land procurement was undertaken, in accordance with the Public Procurement and Disposal Act, 2003.

The Director of Communications at the BOU has assured the public that the institution has since halted the process until all investigations have been concluded.

‘‘We shall fully cooperate with the investigating body until the matter is brought to its logical conclusion. Once the investigations are conclusive, we will provide the necessary information to the public.’’ The statement from BOU reads in part.

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