BRIEFING TO THE MEDIA CABINET DECISIONS TAKEN DURING THE CABINET MEETING HELD ON MONDAY, 4^th FEBRUARY 2019 AT STATE HOUSE ENTEBBE

Cabinet sat on Monday February 4, 2019 at State House Entebbe under the chairmanship of H.E the President and;

1. Approved the Anti-Money Laundering (Amendment) Bill, 2018. The benefits of the proposed Bill will include:

• The Country will attain sufficient Global International Cooperation in money laundering and terrorist financing investigations;

• Uganda will be admitted into the Egmont Group (a united body of 155 Financial Intelligence Units).

2. Noted the proposed transfer of the interest in Block 1, 1A, 2 and 3A by Tullow UgandaOperations PTY Limited and Tullow Uganda Limited to Total E&P Uganda B.V and CNOOC Uganda Limited.

COL. SHABAN BANTARIZA

DEPUTY EXECUTIVE DIRECTOR, UGANDA MEDIA CENTRE