Research: Ugandan Officials Might Have Hidden UGX 267bn Aid Money

Ugandan officials could have stashed away a whopping USD 73M (UGX267B) of the aid money from the World Bank between 1990 and 2009, a new research paper suggests. The controversial paper written by researchers from the Norwegian Business School, University of Copenhagen, and The World Bank observed that every time the institution released money to aid-dependent countries like Uganda, “there…

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