KAMPALA: Musa Lukungu, a city lawyer, was on Monday arraigned before the Anti-Corruption Court and charged with conspiracy to defraud Tropical Bank of Shs1 billion.
The group was arraigned before court on the orders of the State House Anti-Corruption Unit together with Police.
Musa Lukungu, 40, was on January 5th, 2022 charged with Obtaining Money by False Pretences and remanded.
He and others fraudulently sold at UGX 150M, land comprised in Kyadondo block 917, plot 257 in Munyonyo belonging to Opio George to Othieno Clement.
He was granted a court bail on January 7th, 2022 by City Hall Court but the SH-ACU detectives in conjunction with Police re-arrested him over Tropical bank Issues.
The lawyer has appeared before Chief Magistrate Joan Aciro and pleaded not guilty to the charge of conspiracy to defraud.
He was charged alongside eight Tropical Bank officials. They are Kaggwa Micheal, a Sales Officer; Anguni Brian, a Customer Service Officer; Nakyanzi Aisha Katongole, a Senior Compliance Officer; and Bayiga Sarah Kakyama, a Branch Operations Supervisor.
Others are Imran Sadiq Hussain, a Relationship Officer; Nabonyene Abdul, aka Magomu Aziz, the Operations Branch Manager and Jennah Ntalo Zainab, the Chief Teller.
According to the charge sheet, the group irregularly processed a payment of UGX 1b to Nabona Margret as an Administrator of the Estate of Abdurezzagh Elrnrabet, without following the proper bank procedures and payment processes, knowing or having reason to believe that such actions would cause financial loss to the Bank.
Lukungu is alleged to have masterminded the transactions. He denies the charges.
Under Section 390 of the Penal Code Act, the offence attracts a maximum sentence of seven-year imprisonment, on conviction.