“I Was Not Appointed a Minister But Museveni Might Make me Bank of Uganda Governor”- Gashumba

Posted on March 27, 2024
By Sean Musa Carter
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Failed social analyst Frank Gashumba has spoken out and defended himself from missing out on the new ministerial list that was recently released, he has bragged that maybe Museveni is preparing him for the role of Bank of Uganda governor.

Gashumba made his intentions clear during a recent appearance on NBS TV's barometer program, citing the vacant position left since the passing of Governor Mutebile in 2022.

Addressing speculations about his suitability for ministerial positions, Gashumba pointed out the available vacancies, including the governorship of the Bank of Uganda and the Inspector General of Police (IGP).

He hinted at the possibility of being appointed to one of these positions, emphasizing that the President's selection criteria are diverse and purposeful.

Gashumba, who missed out on a ministerial position in the recent cabinet reshuffle despite his support for the ruling party, expressed confidence that his alignment with the party and President Yoweri Museveni would pave the way for his candidacy.

" Those saying I wasn't appointed for any ministerial position, remember we still have two vacant positions: Governor Bank of Uganda and IGP. I could be appointed to those. That aside, the President has reasons why he appoints people. "- he said during the interview.

Frank Gashumba, is a businessman and activist of Rwandan origin, was born on December 3, 1974, in Villa Maria, Masaka District. His educational journey took him to St Francis Primary School and Aga Khan Senior Secondary School in Masaka before graduating from Nkumba University with a Bachelor's degree in Business Administration in 1996.

Gashumba's business dealings have often courted controversy. He has faced allegations of involvement in illicit activities, including fraud, forgery, and contraband trade. Past legal battles, such as charges of obtaining money by false pretense and conspiracy to defraud, have marred his reputation.