today's Pick
New Wakiso RDC sued over sh85m debt
Publish Date: Mar 04, 2014
New Wakiso RDC sued over sh85m debt
Ian Kyeyune
  • mail
  • img
newvision


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.

 

The statements, comments, or opinions expressed through the use of New Vision Online are those of their respective authors, who are solely responsible for them, and do not necessarily represent the views held by the staff and management of New Vision Online.

New Vision Online reserves the right to moderate, publish or delete a post without warning or consultation with the author.Find out why we moderate comments. For any questions please contact digital@newvision.co.ug

  • mail
  • img
blog comments powered by Disqus
Also In This Section
Doctor suspected of abortion, petitions court to redeem image
A medical doctor paraded by Police last year and suspected of procuring an abortion, has petitioned court to compel government to redeem his image....
Earth has three trillion trees: study
There are about three trillion trees on Earth, roughly 422 for every person and eight times more than previously estimated, researchers said Wednesday, admitting surprise....
New Vision to serialize Wavamuno’s book
Starting Friday 4th September 2015 the New Vision will run a three part serialisation of the book, “Gordon B.K. Wavamunno...
The World Health Organization on Thursday announced that Liberia, recently ravaged by Ebola, was free of the virus, 42 days after the last confirmed case passed a second negative test....
Guatemalan President Otto Perez on Thursday said he was resigning, after Congress stripped him of immunity over corruption allegations and a warrant was issued for his arrest....
A judge issued an arrest warrant Wednesday for Guatemala''s President Otto Perez, who faces prosecution for allegedly masterminding a huge fraud scheme, a prosecutor said, a day after he was stripped of his immunity....
Are poor parliamentary debates a result of removal of school debates?
Yes
No
Can't Say
follow us
subscribe to our news letter