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Tycoon Kaya co-accused plead guilty to defrauding Buchanan

Watchdog Uganda by Watchdog Uganda
7 years ago
in News
13 0

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By Bruno Kiyimba

A court case in which city tycoon Tom Kaya is accused of fraud has been adjourned to November 12.

Kaya is a prominent businessman with vast interests in transport. He owns a fleet of taxis registered under Kaki Investments.

The accused allegedly took Shs3.75billion from businessman Sam Buchanan in 2016 with a promise that they would sell to him land with all its development there on comprised of block 26 plot 324,162 and 918 situated at Bulange –Mengo, Kampala.

Buchanan says Kaya, alongside Thomas Katumba Ssekiziyivu, 44; Francis Musisi Kayongo, 49, and Abdul Kasagga, 38, have since never handed over the said property. The group is also accused of forgery, uttering false documents, obtaining money by false pretense.

On Tuesday at Buganda Road Court Ssekiziyivu, Kayongo and  Kasagga pleaded guilty to the charges proffered against them.

Kaya however maintained his innocence.

The trio, also denied knowledge of lawyer Joseph Luzige which led to a mini fracas on who should represent Kaya between Luzige and Company Advocates and the senior state attorney Adrine Asingwire together with colleagues Joseph Kyomuhendo and  Emily Ninsima.

This prompted the magistrate to give the opposing sides a 30-minutes break.

Upon return, it was agreed that Asingwire and colleagues would plead for the three suspects as Luzige stayed with Kaya.

Chief magistrate   Patricia Amoko ordered Ssekiziyivu, Kayongo and Kasagga to pay a fine of Shs1m per case pleaded guilty of else get sent to prison for two years.

Just like was the case last month, Kaya was bailed out by security minister Gen. Elly Tumwine, who stood surety for him alongside Joseph Luzige Kamya as well as the LC5 chairperson of Mityana district.


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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