Mukono accountant remanded over sh981m theft case

Jacob Pascal Owematum and Moses Tookema Komakech were charged with embezzlement, contrary to section 19 of the Anti-Corruption Act and money laundering, contrary to sections 3, 116 and 136 of the Anti-Money Laundering Act.

The offence of embezzlement attracts a maximum sentence of 14 years imprisonment, on conviction, while money laundering elicits a 15-year jail term or a fine not exceeding sh2b.