Bank of Uganda Issues Banknotes With Atingi-Ego’s signature

Bank of Uganda (BoU) has come out to clear the confusion amongst Ugandans about the issuance into circulation Ugandan Shillings banknotes bearing the signature of the deputy governor, Michael Atingi-Ego.

Ugandans especially those on social media had started questioning the legality of banknotes bearing the two different signatures which left many with unanswered questions.

According to a notice issued on Thursday March 15,2023, the central bank confirms the legality of issuance of bank notes bearing the signature of the deputy governor, Atingi-Ego bearing year of print-2022.

“The public is hereby advised that BOU has issued into circulation bank notes in the various denominations, that bear the signature of the Deputy Governor Mr Michael Atingi-Egu and the year of print 2022,” the BOU notice read.

The notice further emphasized that all bank notes in circulation bearing the late Governor Mutebile ‘s signature and associated with the earlier years of print shall remain legal.

“These banknotes will continue to be issued in circulation alongside those bearing the signature of the Deputy Governor,”  BOU noted.

The public has therefore been advised to continue using all the bank notes circulation to make or receive payments.

In performing it’s role as the issurer of the national currency, BOU periodically prints and re-prints Uganda shillings bank notes bearing the signatures of the governor and the Bank secretary, to meet the country’s cash requirements.

In the absence of the Governor, the Deputy Governor may sign in his or her place.

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