We’re being blocked from bank transactions over ou
Former Ugandan ministers and MPs are reporting difficulties with banking services due to their classification as 'politically exposed persons' long after leaving office. The Deputy Speaker of Parliament has requested the Attorney General to provide legal clarity on when this status should expire.
Why it matters
This highlights the tension between anti-money laundering regulations and the rights of former public officials to access financial services.
Politics: We’re being blocked from bank transactions over ou
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We’re being blocked from bank transactions over our political status — Ex-ministers
The matter has prompted Deputy Speaker of Parliament Thomas Tayebwa to ask the Attorney General, Sam Mayanja, to clarify when a person ceases to be considered politically exposed and what obligations banks should continue to impose on former public officials.
While chairing plenary today (October 6), Tayebwa told Parliament that he had received several complaints from former MPs and ministers, who said they are routinely subjected to additional scrutiny whenever they seek to conduct certain transactions through their bank accounts.
KAMPALA - Former ministers and Members of Parliament (MPs), who left public office more than a decade ago, are still facing difficulties accessing some banking services after being classified as politically exposed persons.
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