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Cairo Bank manager summoned

Reporter by Reporter
April 22, 2014
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The anti-corruption Court has issued criminal summons for the Managing Director of Cairo International Bank Mohamed Tarek.

This is after he failed to appear to answer charges against him.

Tarek is accused of jointly conspiring with officials from the Public service ministry to steal pensioners’ money amounting to Shs.165 billion.

His lawyer Macdusman Kabega informed court that his client was away and also declined to take plea on his behalf.

He is jointly charged with the former Permanent secretary Jimmy Rwamafa, Kiwanuka Kunsa, the director research and development, Christopher Obeyi and David Oloka among others.

They are all charged with abuse of office, causing financial loss, embezzlement and conspiracy to defraud.

Anti-corruption Court chief Magistrate Sarah Langa has summoned him to appear on May 6th.

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