Tong denies transferring $15M to Uganda

Tong denies transferring $15M to Uganda
Central Bank Governor Dier Tong Ngor (photo credit: courtesy)

​The Minister of Finance and Planning Dier Tong Ngor says he has forgiven those peddling ‘unverified stories’ that he was under investigation for alleged embezzlement of funds.

The minister denied online talks that he was under investigation for transferring close to $15 million (approximately nine billion pounds) to a Ugandan bank.

“The Minister would like to take this opportunity to sincerely forgive those engaged in the campaign of misinformation and character assassination” the statement partially read.

Tong said that the misinformation is​​ spread by cartels who are fighting the “necessary reforms in the Finance sector”.

“The circulating rumors are nothing but character assassination by some elements not happy with the current efforts of establishing effective and efficiency system within the overall framework of putting in place a transparency and accountable public finance management (PFM) system,” added the statement from Tong’s office.

He added: “I was aware when I was honored with responsibility by the Ministry of Finance and Planning that I would be facing pernicious resistance from those benefiting from the inherent weakness in our public finance system.”

The Minster disregards the Information citing that it was unfounded

Tong promised to continue with the quest to reform the finance docket.

“I shall therefore not be deterred or intimidated in my determent quest to strengthen our PFM system and so serve our people with dignity, honesty and integrity.”