Uganda, April 23 -- Officials from Bank of Uganda (BoU) have revealed that the $10.2 million (about Shs37.9 billion) which was intercepted by the Uganda Revenue Authority (URA) while being smuggled into the country is currently in their safe custody.

Mr Andrew Elwana, the Head of Corporate Affairs at BoU in response to the Monitor inquiry which was sent on Monday this week said its true the taxman contacted them after discovering this money.

"Apologies for the late response; we had to ensure our response was accurate.  I also take note of your article in today's Daily Monitor.," reads part of the Wednesday April 22, response.

It adds, "Regarding your inquiry: Indeed, as the Commissioner General of the Uganda Revenue...