Speaker Summons 2 Asian Tycoons Karia & Allibhai to explain their Sole acquisition of 1500+ Properties in Kampala

By DailyNewsUG Correspondent, The Speaker of Parliament Rebecca Kadaga has directed City tycoons Mohammad Allibhai, Pradip Nandlal Karia and Minex Nandlal Karia to appear before the Parliamentary committee investigating the alleged mismanagement of the departed Asians properties despite their constitutional petition over the matter in question. This comes after the three tycoons petitioned Kadaga protesting their appearance to defend their acquisition of the over 1500 departed Indian properties given their constitutional petition. Early this year, Allibhai, Pradip Karia and Minex Karia petitioned Kadaga challenging the invitation to appear before the…

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President M7 PETITIONED to Stop BoU from Squandering Tax Payers’ Money on Futile Legal Case Vs Ex-Crane Bank Owners

By DailyNewsUG Legal Correspondent A group of youth under Uganda Poor Youth Movement have petitioned President Yoweri Museveni to deal with incompetent Bank of Uganda officials who have led to the loss of taxpayers money in a court case against former Crane Bank shareholders. The youth want the President to save taxpayers from costs brought by Central Bank staff in the case of Crane bank under receivership against Meera Investments and businessman Sudhir Ruparelia. “We are writing to inform you that, on 23rd June 2020, in the middle of the…

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