Financial institution of Uganda Prepared to Change Aged Couple’s KSh 48okay Destroyed by Termites ▷ Kenya Information

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  • All is not lost for the elderly couple who recently shared their grief over the loss of KSh 48,000 rescued from under the bed to termites
  • This is because the Bank of Uganda has expressed its willingness to exchange the damaged banknotes for new currencies
  • In a tweet, the bank’s currency director hinted that the couple should take the money to the nearest branch for help

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On Friday, July 30th, TUKO.co.ke shared the heartbreaking story of Tito Okema and his wife, Bicentina Alal, who lost 1.6 million USh (48,000 KSh) saved on termites.

Bicentina Alal reveals the destroyed notes they took out of the box. Photo credit: The Independent.
Source: UGC

The couple had refused a lot for three years trying to save the money made selling papyrus mats, poultry, dried cassava chips, and pets.

80-year-old Tito and his 75-year-old wife Bicentina had kept the bills worth 20,000 (35 pieces), 10 pieces of 50,000 and 36 notes of 10,000 in a metal case under their bed.

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The elderly couple, who live with their six grandchildren in the village of Kali-Kali in the Layima subdistrict in Uganda, shouted for help exchanging the damaged banknotes.

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Public calls for help

When their story aired in the media, the public used various online channels to get the Bank of Uganda (BOU) to help them by replacing the money.

Benjamin Patrick:

“Let them take it to BOU, they will replace it. This is called maimed or dirty money and BOU can replace it.”

Robert M. Lubanda:

“This is not a loss, it is still legal tender. You must either take it to a Bank of Uganda branch in the area or to a bank there.”

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“She can get replacement bills free of charge from the Bank of Uganda. The job of the central bank is to control the flow of money and if the banknotes are old or damaged, they are replaced.”

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Bank of Uganda Response

The Daily Monitor reports that BOU replied that they tried to reach out to the couple with advice to contact their Gulu branch to replace the banknotes.

“We know they don’t have a phone number and we are waiting for a good Samaritan to connect them and get help,” tweeted BOU currency director Christine Alupo.

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Source: Tuko