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Uganda's $60B Financial Leak Exposed | Uganda News
Uganda’s finances hit a major crisis when over sixty billion shillings meant for repaying international loans vanished into overseas bank accounts in Japan and the UK. A forensic audit revealed it wasn’t cybercrime—but an inside job by Ministry of Finance officials, leading to nine arrests and suspensions. While funds sent to the UK were recovered, retrieving those in Japan remains stalled due to banking hurdles. This scandal exposes gaping holes in public financial oversight and demands urgent reforms to protect taxpayer money—and accountability for those who betrayed it. Listen in…
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