BRIEFING TO THE MEDIA CABINET DECISIONS TAKEN DURING THE CABINET MEETING HELD ON MONDAY, 4th 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;
- 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).
- 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