Museveni Halts URA’s Move to Access Ugandans Bank Details
President Yoweri Museveni has stopped the Uganda Revenue Authority from demanding customer information held by respective banks.
According to cabinet sources, the president’s furious response was prompted by finance minister Matia Kasaija, who had sought cabinet discretion on how to proceed with the latest URA move.
The president however wondered who authorized the URA Commissioner General Doris Akol to demand confidential client information without clearance from cabinet.
Asked whether he knew about the directive, Kasaija told the president that as a political supervisor of URA he had not been consulted and that he had come to seek guidance.
Justice and constitutional affairs minister KahindaOtafire told cabinet that some Ugandans had started withdrawing their cash from banks and keeping it under their beds.
While another female minister said the move would force Ugandans to open up bank accounts in foreign countries and hurt the economy in the process.