Crane Bank Fraud Saga Deepens: Police Teargas Nsereko City Demo


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this web geneva;”>The anti-riot police have tightened security around the Constitution Square and blocked the public from accessing some roads to prevent a possible storming of the strategic police station.

The development comes just a day after Kampala Metropolitan Police spokesperson Ibin Ssenkumbi said they had summoned Nsereko to CPS to answer questions related to a fraud case in Crane Bank.

Nsereko was expected at CPS on Thursday but he told media on Monday that “was very far” and intended to appear today Tuesday.

Sources at CPS say they have sent undercover operatives to arrest Nsereko for inciting violence and attempting to cause destruction of property.

Nsereko was last week arrested for reportedly inciting goons to attack Crane Bank headquarters along Kampala road, according to Kampala Police boss Andrew Kaweesi.

He was released on bond.

As Nsereko’s supporters scampered for safety from teargas one man fell on the tarmac thus sustaining a bruise on his left arm.

Police repulsed Nsereko’s men before approaching their premises.

Detectives say Crane Bank has adamantly refused to cooperate with police in the investigation of laundering over Shs290m from the financial institution.

Observers are wondering why, in the midst of this storm, Crane Bank is not providing details of the case – at least to the public and its esteemed customers.

This has raised speculation that the bank could be seated on some crucial information that could rip its image apart or is deliberately shielding some customers involved in money laundering.


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