Bank of Uganda issues banknotes with Deputy Governor’s signature

The Bank of Uganda (BoU) has started issuing circulation banknotes, in various denominations, bearing the signature of Deputy Governor Michael Atingi-Ego.

The Central Bank in a statement said it periodically prints and re-prints Uganda Shilling banknotes to meet the country’s cash requirements.

“All Uganda Shilling banknotes issued by BoU bear the signatures of the Governor and the Bank Secretary. In the absence of the Governor, the Deputy Governor may sign in his or her place,” BoU said in a statement.

“The public is hereby advised that BoU has issued into circulation banknotes, in the various denominations, that bear the signature of the Deputy Governor Mr Michael Atingi-Ego and the year of print-2022,” it added.

The Central Bank adds that this does not in any way affect the legal status of banknotes in circulation that bear the late Governor Mutebile’s signature which is associated with the earlier years of print.

Since the death of Mutebile, Uganda has not been able to get a new governor leaving Atingi-Ego in an acting capacity for this long.