Billions of stolen South Sudanese money invested in Uganda – US

Billions of stolen South Sudanese money invested in Uganda – US
Eazzy Banking

The United States has claimed that South Sudanese elites are hiding assets and buying property in Uganda.

The revelation was made by the US Undersecretary for Terrorism and Financial Intelligence, Ms Sigal Mandelker who asked President Yoweri Museveni to stop South Sudan political leaders from buying property using corruption proceeds.

We also know that much of the open source reporting indicates that South Sudanese elites are hiding assets and buying property in Uganda. So our message to the government counterparts is that we want to work with you to stop the illicit financing,” said Ms Mandelker, who is on a tour in Africa said on Monday during a press conference at the American embassy in Kampala.

Ms Mandelker urged Uganda to “send a message that kind of money is not welcome here”.

The US government says senior government and opposition political leaders are profiteering from corruption, which they say has increased since the beginning of the war in 2013.

 

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