Bank Of Uganda Breaks Silence On Buried Cash

Bank Of Uganda Breaks Silence On Buried Cash

By Serestino Tusingwire

The bank of Uganda has come out to say something on the ongoing discussions over lots of cash that was buried with the flamboyant businessman Ivan Ssemwanga on Tuesday.

After heated debated on social media platforms, the BoU took to its twitter handle and tweeted that the money  which was so mishandled, is likely to be defaced, soiled or damaged, and thereby no longer serves the purpose.

It asked Ugandans to respect the currency:

“It has come to our notice that Uganda shilling notes were thrown into a grave during a recent burial ceremony. The shilling deserves the status of a national symbol. This implies that our national currency should not be handled in a manner that is indecorous. Accordingly, the public is urged strongly to refrain from any act, conduct or use of shilling notes and coins for purposes.”

Meanwhile, a one Abey Mgugu recently filed a petition demanding for exhumation of Semwanga’s body so that money he was buried with is retrieved.

Mgugu contends that the money which was dropped into the coffin as it was being lowered into the grave reflected wastage and was a violation of the socio-economic rights of Ugandans.

Mgugu also wants the funeral company involved in the burial to be declared culpable by negligence for failing to ensure “respect” for money was maintained.

It is not clear how much money was buried but it is reported that Ugandan shillings, South African rands and US dollars were thrown into the grave.

Ssemwanga, who was 39 at the time of his death, was famous for his partying lifestyle. He led the so-called Rich Gang, a group of wealthy men in Uganda.

Police have been guarding his grave, in case intruders try to exhume the body and steal the expensive coffin and the money.