Uganda, April 14 -- Three more people, among them a former employee of Equity Bank, have been remanded in connection with the alleged fraud regarding loss of billions of shillings in unsecured loans from Equity Bank.

Others remanded include two former employees of Airtel Uganda, who are now businessmen. They have been named as Godfrey Mukwaya and Robert Mugumya. Also in the crosshairs is Fred Kato, a former head of Small and Medium Enterprises at Equity Bank.

The trio was arraigned before the Magistrates Court of the Anti-Corruption Division on accusations of conspiracy to defraud. All three of the accused were not allowed to plead to the charges.

It is alleged that Mr Mukwaya, a former sales manager at Airtel Uganda, used different pe...