Banks to auction 470 properties over bad loans
Some of these properties belong to former MPs, private companies and medical doctors.
PREMIUM Special Reports
Mbabaali’s students’ hostel in Nkozi, Mpigi district, valued at about sh7b is up for sale. Photo by Paddy Bukenya
By NewVision Reporter
Journalists @NewVision
Over 470 properties worth billions of shillings countrywide will soon be up for sale, not by the owners, but by financial institutions represented by auctioneers and court bailiffs.
A survey conducted