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Uganda Central Bank Governor Cleared in Banks Row, Vision Says

Feb. 29 (Bloomberg) -- Bank of Uganda Governor Emmanuel Tumusiime-Mutebile was cleared by a Cabinet committee over letters sent to banks that enabled a local company to receive 142 billion shillings ($60 million) in compensation from the state, the Kampala-based New Vision reported, without saying where it got the information.

To contact the reporter on this story: Fred Ojambo in Kampala at fojambo@bloomberg.net

To contact the editor responsible for this story: Paul Richardson at pmrichardson@bloomberg.net

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