Sunday, June 24, 2018
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Bank Of Uganda Purchase Of 350 pens for 19,075,000 CFA Storms The Social Media

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Bank Of Uganda(BOU) Purchase Of 350 pens for 19,075,000 CFA Storms The Social Media.




Some Bank of Uganda officials are in the spotlight over a controversial procurement of commemorative pens last year for the bank’s 50th anniversary celebrations.

The bank used 125 million shillings(19,075,000 CFA)to procure 350 branded rolling ball point pens for guests at the Golden Jubilee celebrations and the Joseph Mubiru memorial lecture; meaning one of the pens cost 357,000 shillings(54,500 CFA).Bank of Uganda Communications Director Christine Alupo told NTV that the money was used not just to procure pens but also other memorabilia for the high profile local and international guests.
The social media didn’t find this funny as they twitted all sort of memes describing the exagerrated expenditure on pens.




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