Dixon Kagurusi Ampumuza Speaks out on US$ 1.8 Million Stanbic Bank Heist
By Executive Editor
City journalist and entrepreneur, Dixon Kagurusi Ampumuza (pictured)says he is not a director of the company implicated in the theft of US$ 1.8 Million from Stanbic Bank Uganda.
Early this week, it emerged that some fraudulent elements in connivance with Stanbic Bank Uganda staff fraudulently withdrew US$1.8 million from a client’s account. The money was withdrawn in over five installments through bank accounts created in the name of three companies. Petrom Limited was named among the three companies.
While addressing the media on the matter, Police Spokesperson Fred Enanga linked Ampumuza to one of the companies.
However, his lawyer David Kamukama, has come out to dispel rumours that his client is a director of Petrom Limited, one of the companies that was involved in a syndicated move to siphon over USD1.8m from a Stanbic Bank account of Nile Energy Ltd.
Speaking to Kampala Gazette, Kamukama of Byamugisha Advocates said that Police Spokesperson, Enanga erred when he read out his client’s name during the Monday press briefing indicating that he (Kagurusi) is a director in one of the companies (Petrom Limited) involved in the fraud case.
“My client is a law abiding and hardworking citizen. We are therefore shocked that police is citing him as a director of Petrom Limited. Kagurusi has been pursuing a Master’s Degree in International Relations at Makerere University where his research is; “Understanding Key Drivers in Illicit Financial Flows” and therefore he can be an asset to this nation,” Kamukama said.
According to Kamukama, a simple company search carried out shows that in deed, Ampumuza is not a signatory nor a director in the said company.
“A simple company search carried by our family lawyer proves otherwise,” the family member said before showing us proof.
Company documents at the Uganda Registration Services Bureau – URSB – filed in 2019 show that Oscar Rapheal Lutaaya is the sole director of the company.
“This therefore dispels any rumours that Dixon Kagurusi Ampumuza is a director in Petrom Limited,” Kamukama added.
Over 9 nine suspects remain in the custody of the Police as a probe in the bank fraud intensifies.