Uganda Confirms Central Bank Hacking, Refutes $17 Million Claim

Uganda’s finance ministry confirmed media reports that hackers breached the central bank’s systems and stole money, but refuted claims that they spirited away as much as $17 million.

The auditor general and the criminal investigations department are probing the incident that happened a fortnight ago, according to a report by parliament.

“It is true that our account was hacked, but not to the extent of what is being reported,” Minister of State for Finance Henry Musasizi told lawmakers Thursday, adding that a report on the incident would be ready in a month. “To avoid misrepresentation of facts, when the audit ...