NATIONAL
Charges preferred against Matthew Bagonza, the Head of the Presidential Advisory Committee on Exports and Industrial Development, (PACEID) have leaked.
Bagonza who was arraigned before the Anti-Corruption Court today, Thursday, September 17, 2026 has been slapped with two charges of Abuse of Office and Money Laundering.
On Abuse of Office, the indictment signed by the Director Public Prosecutions, Linos Anguzu dated 16thSeptember, 2026 alleges that Bagonza in January, 2024 did an arbitrary act by irregularly registering and incorporating PACEID into a Private Limited Company.
Bagonza is also alleged to have transferred Shs171, 725,134 from PACEID’s account to his personal account between September, 2025 to August, 2026 for the purpose of disguising the illicit origin of the said money, knowing that it was proceeds of crime.
PACEID Chairman, Odrek Rwabwogo and his wife, Bishop Patience Rwabwogo, were at the Anti-Corruption Court in Kampala to follow proceedings where Bagonza was unable to take plea because the court has no jurisdiction over the Money Laundering charge.
He has been remanded until 5thOctober, 2026 when he we return to court for mention of his case and bail application.
Bagonza was abducted on Tuesday, August 25th, from his home in Entebbe and was since been held incommunicado in an unknown place, completely denied access to his lawyers and family.
