Kampala Businessman Spends Night In Coolers Over Shs66M Debt

Kampala Businessman Spends Night In Coolers Over Shs66M Debt
Spread the love

Kampala city businessman and company director  of  both Taifa Partners Ltd and Integrated Agritech (U) Ltd, Emmanuel Asiimwe is having  a  headache after  spending a night behind coolers over  refusing to pay an outstanding debt amounting to Shs66m. Asiimwe was  paraded before courts of  law and grilled to the bone marrow after court bailiffs hunting him down over  a choking debt belonging to  Mutecontra Engineering & Contractors Ltd. “He was arrested from  his offices  at Ntinda on Thursday afternoon  by court bailiffs headed by one  Rogers Abomugisha of  Solab Associates”,said report. Asiimwe tried  to fox around  while tears running over his eyes before putting him on the next  prison’s bus. Following a warrant of arrest execution number 0061 of 2024 arising from civil suit No. 10 of 2019, Asiimwe was paraded before his Worship Simon Kintu Zirintusa at the Kampala High Court (Civil Division). Asiimwe refused to pay Mutekanga, claiming that there was no written evidence  over their business deals. Asiimwe also largest shareholder in Integrated Agritech (U) Ltd, subcontracted one Hussein Mutekanga of Mutecontra Engineering & Contractors Ltd to construct warehouses plus other project in Mbarara District. He also hired him to build warehouses for Col. William Omaria in Soroti district. Mutekanga completed the work to the satisfaction of his clients, who paid all the money through Asiimwe’s account. Mutekanga took the matter to court, and the judge guided both parties into signing a consent judgment after realizing Asiimwe’s apparent attempt to defraud his colleague. Although Mutekanga initially demanded over Shs100m, they agreed that Asiimwe would pay Shs66m in a structured payment plan. Asiimwe continued to evade payment which pushed  Mutekanga to run to court for justice.

(Watch The Space)

business image

Leave a Reply

Your email address will not be published. Required fields are marked *