Ugandan police investigates football body over money laundering
Xinhua, October 3, 2015 Adjust font size:
The Ugandan police has launched investigations into alleged money laundering by the country's football governing body Federation of Uganda Football Associations.
Sydney Asubo, Executive Director of Uganda Financial Intelligence Authority told Xinhua on Friday that the investigation started last week.
"We had frozen their accounts last week, but we re-opened them now as we continue to investigate deeper into the matter," said Asubo.
He said they re-opened the FA accounts because they did not want to cripple their activities.
Last week the FA was thrown into panic after discovering that all their accounts had been frozen.
"We are happy that our accounts are now operational," said Decolas Kizza, the Head of Finance at the Federation. Endit