Abdu Katuntu News

MMAKS advocates lawyers quizzed on conflict of interest

During the investigations, the Committee chaired by the Bugweri County MP, Abdu Katuntu discovered that while the Central Bank hired MMAKS Advocates to provide legal services, which led to the closure of the banks, some of its staff was directors in different commercial banks.

The Independent , Uganda Feb 13, 2019

BOU: Lawyers of MMAKS Advocates quizzed on conflict of interest

During the investigations, the Committee chaired by the Bugweri County MP, Abdu Katuntu discovered that while the Central Bank hired MMAKS Advocates to provide legal services, which led to the closure of the banks, some of its staff was directors in different commercial banks.

The Independent , Uganda Feb 13, 2019

MPs query BoU payments to MMAKS Advocates

Committee Chairman Abdu Katuntu said MMAKS Advocates as the transaction advisor for the deal, reneged on its core function of advising the Central Bank after it emerged that no valuation report was conducted on the assets of Crane Bank.

Daily Monitor , Uganda Feb 13, 2019

COSASE ejects Central bank officials, sets final meeting on Tuesday

COSASE Chairperson, Abdu Katuntu tasked the BOU officials to respond to the claims by GTB.

The Independent , Uganda Feb 12, 2019

Katuntu to quit Cosase chair on February 22

The Committee on Commissions Statutory Authorities and State Enterprises (Cosase) chairperson Abdu Katuntu says he will not chair the committee beyond February 22.

Daily Monitor , Uganda Feb 12, 2019

BOU officials kicked out of COSASE over lack of supporting

COSASE Chairperson, Abdu Katuntu tasked the BoU officials to respond to the claims by GTB.

Daily Monitor , Uganda Feb 11, 2019

Sudhir was fed up of Crane bank - Kasaija

Cosase chairperson Abdu Katuntu told Rezida that the BoU statutory manager Edward Katimbo Mugwanya had told his committee that he learnt of the bank sale when he received a WhatsApp message indicating that dfcu was a carrying out files from Crane bank.

The Observer , Uganda Feb 9, 2019

Controversy over 2nd Cooperative Bank that started in 1997

Hannington Wasswa, the Director Commercial Banking in Bank of Uganda disclosed this while responding to a query by COSASE Chairperson, Abdu Katuntu to clarify to members, which Cooperative Bank was disposed of.

The Independent , Uganda Feb 8, 2019

Closed banks: dfcu makes U-turn on Crane Bank properties

Committee chairman Abdu Katuntu and other MPs also questioned why dfcu chose to carry out a private valuation in May 2017, four months after the takeover of the bank and why there is no report by the Chief Government Valuer.

Daily Monitor , Uganda Feb 8, 2019

Incoming Cosase chairman wanted for corruption

The duo is expected to take over from the current chairperson Abdu Katuntu and his vice, Anita Among whose tenure expired on January 13 but were granted an extension by speaker Rebecca Kadaga amidst protestations from FDC.

The Observer , Uganda Feb 7, 2019