Bank of Uganda sued over Semwanga grave cash
03 JUN 2017 6:00 PM
The issue of burying Ivan Semwanga with cash has ruffled some feathers. Aplus Funeral Management and Bank of Uganda are being sued for the act.
"It has come to our notice that Uganda shilling notes were thrown into a grave during a recent burial ceremony.
The money, which was so mishandled, is likely to be defaced, soiled or damaged; and thereby no longer serve the purpose for which it was intended.
The shilling is valuable because Ugandans collectively ascribe value to it and entrust the preservation of its integrity to the Bank of Uganda. Because of its grand purpose and value it holds for us, 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 other than those for which the national currency is intended; or in a manner that results in the defacing, soiling or damaging of the Uganda shilling currency notes and coins."Ads
Meanwhile, a one Mgugu Abbey in a letter dated Jun 2, 2017 has rushed to High Court suing the funeral directors and the central bank. Abbey wants the money that was buried with the Rich Gang boss be removed from the grave, which literally means exhuming the body.
Wednesday, 24 June 2020
Big Eye threatens to sue the President over Shillings 270Million
Saturday, 20 June 2020
Buchaman arrested after disrupting a NEMA meeting
Thursday, 29 August 2019
Uganda Airlines is back to the skies
Sunday, 11 August 2019
Sheebah Karungi latest news
Tuesday, 07 May 2019
Hellen Lukoma happy to learn that she is carrying a baby boy