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New Wakiso RDC sued over sh85m debt

By Vision Reporter

Added 4th March 2014 12:17 PM

Wakiso District Residential District Commissioner Ian Kyeyune has been dragged to Kampala High court commercial division by Cairo International Bank Limited for failure to pay a debt of over sh85m.

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Wakiso District Residential District Commissioner Ian Kyeyune has been dragged to Kampala High court commercial division by Cairo International Bank Limited for failure to pay a debt of over sh85m.

The banks said that on October 10, 2011 Kyeyune received sh61m loan from the bank to be paid within eight months with an interest of 26%. However, Kyeyune has defaulted payment.

 

New Wakiso RDC sued over sh85m debt

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