SH-ACU Foils DFCU Bank Fraud Scheme
KAMPALA. An alleged frsudster Ngabirano Gerald has been arraigned today by the State House Anti Corruption Unit (SH-ACU) at Kabale Chief Magistrate’s Court where he has been charged with forgery, uttering false documents, and conspiracy to commit fraud.
Mr Ngabirano was remanded to Ndorwa Prison until March 4, 2025.
It comes after in January 2025, when SH-ACU intercepted a plot targeting Karekezi Stephen’s DFCU Bank account after a whistleblower alert.
Alleged fraudsters, including Ngabirano, allegedly secured illicit garnishee orders from Deputy Registrar Tumwebaze Kenneth, directing UGX 689 million withdrawal for a fictitious debt.
Fake documents and manipulated court processes enabled the fraudulent orders. SH-ACU swiftly froze the account, averting financial loss. Collaborators remain at large as investigations continue.
