KAMPALA: The Head of the Secretariat at the Presidential Advisory Committee on Export and Industrial Development (PACEID), Matthew Bagonza, has been charged with alleged abuse of office and money laundering before the Anti-Corruption Court.
Bagonza, 39, was arraigned before the court on Thursday and remanded until October 5, 2026, at 10:00am for further proceedings.
According to the charge sheet dated September 16, 2026, Bagonza is accused of abusing his office in January 2024 while serving as Head of the PACEID Secretariat under the Office of the President.
Prosecutors allege that Bagonza irregularly registered and incorporated Presidential Initiative on Export and Industrial Development, a private limited company with objectives similar to those of his employer, in an act alleged to have been prejudicial to the interests of the Government of Uganda.
He has been charged under Section 10(1) of the Anti-Corruption Act, Cap. 116.
Bagonza also faces a money laundering charge under Sections 3(a), 119 and 139(10)(a) of the Anti-Money Laundering Act, Cap. 118.
The prosecution alleges that between September 1, 2023 and August 30, 2026, Bagonza and others still at large transferred Shs171.725 million from an account at Housing Finance Bank’s Kololo Branch that had been opened in the name of Office of the President-Presidential on Export and Industrial Development to a personal account held in Bagonza’s name at the same bank.
The prosecution alleges that the transfer was intended to conceal and disguise the illicit origin of the funds, while Bagonza allegedly knew or had reason to believe that the money was proceeds of crime.
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