Some Ugandan Finance Ministry officials have been charged with corruption, electronic fraud, and money laundering after a $21 million hack of the central bank last year.
The stolen funds, some of which were intended for World Bank loan repayments, were redirected to companies in Japan, Poland, and London. Among those charged is the ministry’s top accountant, accused of failing to implement adequate safeguards, and an IT officer, alleged to have altered payment instructions.
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The officials, facing severe charges, were remanded in custody until their next court appearance on February 18th. A bail application for one suspect was denied.
