Uganda Finance Ministry Officials Face Corruption Charges in $21 Million Hacking Scandal
2025-02-07
MSN
In a significant move to tackle financial crime, a Ugandan court has charged eight finance ministry officials with corruption, electronic fraud, and money laundering. The charges stem from a hacking incident on the central bank's systems, resulting in a substantial loss of at least $21 million. This high-profile case highlights the need for robust cybersecurity measures to prevent such financial crimes and protect against online threats, including cyber attacks and financial fraud. The incident has sparked a renewed focus on anti-corruption measures and financial security in the region.
