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Vision Group to drag Museveni’s NRM to court over failure to clear shs900m advertising debt

Mulema Najib by Mulema Najib
8 years ago
in News
1 0

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By Watchdog reporter

Vision Group has issued a notice of intention to sue to National Resistance Movement (NRM) Secretary General Justin Kasule Lumumba after party’s failure to pay shs900 million advertising and printing debt.

According to the notice, between 2010 and 2011, NRM obtained printing and advertising services from the New Vision Printing and Publishing Company as it conducted the presidential elections.

‘It is within your knowledge that between the period 2010 and 2011, your party obtained printing and advertising services from the New Vision Printing and Publishing Corporation (Vision Group) as it conducted NRM campaigns. Your party made part payment for the services but defaulted on payment, leaving a debt of Shs508, 886, 927…’ the letter states in part.

‘The purpose of this letter is to demand that your party settles the above debt totaling to  Shs 915, 465, 541 (Nine hundred and fifteen million, four hundred and sixty five thousand, five hundred and forty one Shillings) within seven days from receipt hereof. Take note that should your party fail to so, New Vision Printing and Publishing Co. Ltd shall proceed to institute legal proceedings against it at your own cost, embarrassment and peril,’ the letter adds.


Do you have a story in your community or an opinion to share with us: Email us at editorial@watchdoguganda.com
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Watchdog Uganda is a portal for solution journalism, trending news plus cutting edge commentaries in the fields of politics, security, business, tourism, entertainment, technology, agriculture, climate change, environment, public health et al. We also give preference to Ugandan community news and topical discussions. The portal also publishes community news and topical discussions.

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