On remand: Obam
About a week or so ago, the State House Anti-Corruption Unit, working with the Criminal Investigations Directorate and the Office of the Director of Public Prosecutions (ODPP), arraigned Obam Andrew, an advocate, before the Anti-Corruption Court on charges of money laundering.
The prosecution alleges that between October 2022 and September 2024, the accused conspired with Kaliisa David, a driver of Prof. George Kanyeihamba, to fraudulently steal and transfer a total of over USD 56,500 using cheques that were stolen from him. They transferred the stolen money to the account of Loi Advocates, where Obam is the sole signatory. To date, Obam remains on remand.
However, at the commencement of prosecution, Prof. Kanyeihamba passed on.
Sources say that the deceased heir will have to obtain letters of administration to proceed with the matter. If the heir was already part of the prosecution as petitioner, the trial will continue normally.
In Uganda, money laundering offenses carry significant penalties, including substantial fines and imprisonment. Individuals and businesses convicted of money laundering can face fines up to Shs 2 billion (approximately $540,000) or more, depending on the severity of the violation. Additionally, offenders may be sentenced to prison terms of up to 15 years.
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