City business man Justus Kashoma has been acquitted of attempting to defraud Stanbic Bank.
Kashoma was charged together with five people including Bank officials who were acquitted last year for lack of sufficient evidence.
He was arrested at Stanbic Bank’s Garden City Branch in Kampala for allegedly trying to withdraw $ 500,000 in cash.
The total amount that had been wired into Kashoma’s accounts was $3.8m.
Delivering judgment today, Buganda Road Court Chief Magistrate Eleanor Mary Khainza said the evidence adduced does not show that Kashoma could rob a bank alone after the acquittal of the five.
The five acquitted earlier include Private David Muhumuza, a driver of Rujumbura MP Jim Muhwezi, Capt. Muzamiru Wakulira and three Stanbic Bank employees Sam Wanamama, Sharifa Kyamanywa and Barry Zizinga.