By Our Reporter
NATIONAL
Police has arrested two prime suspects in the Bank of Uganda break-in that occurred on 4th May, 2026.
ACP Kituuma Rusoke, the Police Spokesperson identifies the two suspects as Kule Boaz Michael, 19, a resident of Wabigalo, and Kabuye Ramadhan, also known as Rhama, a resident of Nsambya Zone C, both in Kampala City.
“On 7 May 2026, our intelligence teams successfully apprehended two suspects linked to the Bank of Uganda break-in that occurred on 4 May 2026,” says Kituuma.
He says the suspects are currently in police custody, and two stolen laptops have since been recovered with the duo being processed for court appearance soon.
The thugs broke into Bank of Uganda Head Office premises on Plot 45, Kampala Road, and made away with seven laptops containing valuable information.
It’s reported that the thugs exploited security gaps within the central bank to access the bank’s premises.
Preliminary findings indicate that the thugs entered the bank premises through a gate near City Square and kept quiet inside the bank for almost three hours, and later moved comfortably within the bank premises before making away with seven laptops.
The investigating team suspects that the thugs could have used duplicated keys, which enabled them to bypass forced entry and avoid raising immediate alarm. However, this has raised suspicion that the deal could have been orchestrated by some insiders including some bank staff plus security personnel who were on duty on the fateful day.
A credible source close to the investigations intimated to us that during the raid, thugs first disabled internet services and also interfered with surveillance systems within the bank hence limiting real time monitoring.
A source also revealed that besides stealing laptops, the thugs also made away with key security infrastructure, including a CCTV server and an internet router valued around Shs50 million. However, their attempts to access the bank’s cash reserves were futile because time was not on their side.
Reports further revealed that some parts of the surveillance system were severely vandalized, although some footage was recovered. Based on the retrieved footage, it reportedly showed a group of five individuals forcing their way through secured sections of the bank premises.
