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Vincent Musamali, a former teller at Diamond Trust Bank (DTB), failed to overturn his conviction and sentence for causing a loss of shillings 86 million, as upheld by Justice Margaret Tibulya of the Nakasero-based Anti-Corruption Court on March 7, 2024. Despite Musamali’s appeal against the conviction, Justice Tibulya affirmed the earlier ruling by the chief magistrate’s court, which found Musamali guilty of conspiracy to defraud.
The conviction stemmed from allegations that Musamali, during his employment at DTB, failed to credit shillings 86.9 million to Petro Uganda Ltd, leading to financial losses for the bank. In addition to his one-year jail sentence, Musamali was ordered to pay shillings 43.4 million in compensation to the bank and a fine of shillings two million. Furthermore, he was prohibited from holding public office for a period of 10 years.
In his appeal, Musamali argued that the Anti-Corruption Court trial Magistrate erred in convicting him without sufficient evidence to prove the case beyond a reasonable doubt. However, Justice Tibulya dismissed this claim, stating that there was abundant evidence linking Musamali to the loss of funds. The prosecution successfully demonstrated that Musamali’s actions led to the substantial financial loss incurred by the bank.
Rejecting Musamali’s appeal, Justice Tibulya affirmed that the prosecution had proven the case beyond a reasonable doubt. Consequently, she upheld the conviction and sentencing imposed by the lower court, concluding that the appeal lacked merit.
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This decision marks the culmination of legal proceedings against Musamali in connection with the financial irregularities at DTB.
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