Six Ugandans have been remanded over a Shs12.6 billion cross-border fraud scheme involving Equity Bank Kigali as investigations continue.
The accused were presented before the Buganda Road Chief Magistrate’s Court on March 23, 2026, where investigations into the matter are still ongoing. The case is being handled by Chief Magistrate Ritah Neumbe Kidasa, who postponed the proceedings to allow further inquiries and verification of bail documents.
The individuals facing charges include Solomon Mugisha, Enock Mpanga Kazige, Benedicto Kateraga, Faruk Kiyimba, Gerard Oketch, and Katamba Isma. They are accused under laws governing electronic and computer-related crimes.
According to the prosecution, led by Grace Amy, the alleged fraud targeted Equity Bank Kigali and is believed to have taken place between mid-February 2026 and mid-March 2026 in both Kampala and Kigali. Authorities claim the group used digital systems to interfere with banking processes, resulting in significant financial losses.
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Defense lawyers indicated plans to apply for bail, arguing that the charges are eligible for release on bond. However, the State requested additional time to examine the submitted sureties and ensure their authenticity before any decision is made.
The court directed that all bail applications be formally filed and verified through the electronic case management system. The matter has been adjourned to April 13, 2026, as investigations continue and more details emerge.
Authorities say more suspects could be arrested as investigations continue.
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