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MP Mpuuga dragged to court over sh500 million debt

Lawrence Kazooba by Lawrence Kazooba
6 years ago
in National, News
29 0
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Masaka municipality Member of Parliament Mathias Mpuuga and CBS FM general manager Michael Kawooya Mwebe have been dragged to court for failure to pay back a debt which has accumulated to sh497,365,000.

The legislator and the CBS FM boss were taken to court by R.L Jain Ltd through their lawyers Verma Jivram & Associates advocates and solicitors.

In the suit, Jain says the duo borrowed Sh25 million on April 8, 2016 but failed to pay back, yet the land title offered as collateral has bonafide occupants which makes it difficult to sell it off, since it involves evicting People.

The case has been submitted on file number CS 710/2019.


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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