• Latest
Five Post Bank Staff in Custody Over Theft of Shs138M

Five Post Bank Staff in Custody Over Theft of Shs138M

3 years ago
Musasizi Urges UDB to Mobilise Long-Term Capital as Bank Commissions New Head Office

Musasizi Urges UDB to Mobilise Long-Term Capital as Bank Commissions New Head Office

15 hours ago
Uganda Fintech Sector Calls for Interoperability, Shared Infrastructure to Drive Inclusive Growth

Uganda Fintech Sector Calls for Interoperability, Shared Infrastructure to Drive Inclusive Growth

16 hours ago
Ankole Heifer ‘Queen Arusha’ Sets South African Record at R6.4 Million

Ankole Heifer ‘Queen Arusha’ Sets South African Record at R6.4 Million

1 day ago
Pearl Bank Strengthens Executive Team with Dorcas Kiwemba Balimukuubo and Steven Mwesige

Uganda Housing Dialogue Shifts Focus From Deficit to Practical Solutions

1 day ago
Pearl Bank Strengthens Executive Team with Dorcas Kiwemba Balimukuubo and Steven Mwesige

Pearl Bank Strengthens Executive Team with Dorcas Kiwemba Balimukuubo and Steven Mwesige

1 day ago
Carbon, Coffee & Cooperatives: How Rwenzori Farmers Mastered Value Addition to Build a Grassroots Economy

Uganda Coffee Prices Stable as Global Robusta and Arabica Prices Rise

1 day ago
SoftPower News
Wednesday, October 7, 2026
  • News
  • Tourism & Travel
  • Business
  • Lifestyle
    • Fashion
  • Regional
    • Kenya
    • Rwanda
    • Tanzania
    • Burundi
    • South Sudan
    • DR Congo
  • Defence & Security
  • Sport
  • Entertainment
  • More
    • Agriculture
    • Africa
    • Columnists
    • Education
    • Health
      • COVID-19
    • International News
    • News in Pictures
    • OpEd
    • Pearl Of Africa
    • People
    • Politics
    • Special Reports
    • Women
No Result
View All Result
  • News
  • Tourism & Travel
  • Business
  • Lifestyle
    • Fashion
  • Regional
    • Kenya
    • Rwanda
    • Tanzania
    • Burundi
    • South Sudan
    • DR Congo
  • Defence & Security
  • Sport
  • Entertainment
  • More
    • Agriculture
    • Africa
    • Columnists
    • Education
    • Health
      • COVID-19
    • International News
    • News in Pictures
    • OpEd
    • Pearl Of Africa
    • People
    • Politics
    • Special Reports
    • Women
No Result
View All Result
SoftPower News
No Result
View All Result
Home Featured

Five Post Bank Staff in Custody Over Theft of Shs138M

by Muhamadi Byemboijana
March 4, 2024
Five Post Bank Staff in Custody Over Theft of Shs138M
88
VIEWS

police in Arua is holding five staff of the Post Bank over alleged theft of Shs 138 million. The suspects include Leonard Lakwey, the Operations Manager, Walter Feni, the Customer Service Officer, Resty Lunkuse, David Tenywa, and Brian Olara Okidi, all banking officers at the Arua branch.

They were picked up upon returning to Arua from Post Bank Head office in Kampala where they had gone for a Disciplinary session over the same matter last week.

Preliminary reports indicate that the money went missing during transit from Post Bank Arua branch, which is located along Avenue Road in Arua City to Yumbe District, an allegation the bank has since denied.

Related Stories

Musasizi Urges UDB to Mobilise Long-Term Capital as Bank Commissions New Head Office

Uganda Fintech Sector Calls for Interoperability, Shared Infrastructure to Drive Inclusive Growth

Ankole Heifer ‘Queen Arusha’ Sets South African Record at R6.4 Million

Josephine Angucia, the West Nile region Police spokesperson confirmed their arrest noting that the matter came to the limelight in December last year after a team of officials from Post Bank Head offices in Kampala visited Arua Branch for the end-of-year audit and realized that about Shs 138.6 million was missing. She said the matter was consequently reported to the police on February 05, 2024.

According to Angucia, the charge of theft of money has been preferred against the suspects pending advice by the Resident State Attorney.

In a statement issued on Sunday, police disclosed that Post Bank Arua Branch Manager and the Branch Operations Supervisor who are at large evaded arrest after snubbing the Disciplinary session at the Head Office.

This is not the first incident Post bank, a government-owned financial institution has faced such challenges. In 2019, at least seven former top managers of the bank were accused of fraud totaling about shs 4 billion but the court later acquitted them of the charges. URN

Tags: MuseveniPost Bank UgandaSoft Power NewsSoftPowerSoftPower NewsTop News UgandaTop Uganda NewsUganda

Recent Stories

Musasizi Urges UDB to Mobilise Long-Term Capital as Bank Commissions New Head Office

Uganda Fintech Sector Calls for Interoperability, Shared Infrastructure to Drive Inclusive Growth

Ankole Heifer ‘Queen Arusha’ Sets South African Record at R6.4 Million

Uganda Housing Dialogue Shifts Focus From Deficit to Practical Solutions

Pearl Bank Strengthens Executive Team with Dorcas Kiwemba Balimukuubo and Steven Mwesige

Uganda Coffee Prices Stable as Global Robusta and Arabica Prices Rise

SoftPower News Logo

SoftPower News is a subsidiary of SoftPower Communications LLC, a Ugandan digital media group. Keep posted of the latest from Uganda and East Africa.
Plot 4B Malcolm X, Kololo
P.O Box 1497, Kampala - Uganda
Tel: +256-392-001-701
Email: info@softpower.ug

This news site is licenced by Uganda Communications Commission (UCC)

ADVERTISEMENT
  • News
  • Tourism & Travel
  • Business
  • Lifestyle
  • Regional
  • Defence & Security
  • Sport
  • Entertainment
  • More

© SoftPower News

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

error: Content is protected
No Result
View All Result
  • News
  • Tourism & Travel
  • Business
  • Lifestyle
    • Fashion
  • Regional
    • Kenya
    • Rwanda
    • Tanzania
    • Burundi
    • South Sudan
    • DR Congo
  • Defence & Security
  • Sport
  • Entertainment
  • More
    • Agriculture
    • Africa
    • Columnists
    • Education
    • Health
      • COVID-19
    • International News
    • News in Pictures
    • OpEd
    • Pearl Of Africa
    • People
    • Politics
    • Special Reports
    • Women

© SoftPower News

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?