Thursday, June 05, 2008


EPA account payments

to Kagoda: Revealed:

Names of the BoT

officials involved


-Internal ’purge’ already in progress


THISDAY REPORTER
Dar es Salaam


AT least four senior Bank of Tanzania officials are understood to have been directly involved in the processing of dubious payments amounting to over $30.8m (approx. 40bn/-) from the BoT’s external payment arrears (EPA) account to Kagoda Agriculture Limited company in 2005, it has been established.

According to THISDAY’s latest findings, the names of the four officials from the central bank’s debt management department repeatedly appear in internal memos and other confidential bank documents supporting the payments to Kagoda.

The officials from the same BoT department are Imani Mwakosya, Esther Komu, Martha Nderimo, and A.A. Chaula.


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