Uganda Development Bank Limited
Controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2013
Auditor General report on alleged financial impropriety
A report about an audit by Uganda's Auditor General alleged financial impropriety involving UDB board members and senior managers and identified resulting financial losses. The board and management team implicated in the matter were reportedly terminated, while an investigation continued into 2014.