PACEID Boss Bagonza Charged Over Shs 171.7 Million Transfer to Personal Account

Uganda’s anti‑corruption watchdog, the Inspectorate of Government, has filed criminal charges against Dr. John Bagonza, the chief executive of the Public Agricultural Credit and Development Institute (PACEID). Investigators allege that Bagonza authorized a clandestine transfer of 171.7 million Ugandan shillings from the institute’s development fund into his personal bank account in March 2023. The case, which is being heard in the High Court of Kampala, highlights growing concerns over financial mismanagement in state‑run agricultural financing bodies. Bagonza has denied any wrongdoing and is slated to appear before a magistrate next week.

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