Kavuuya was dragged to the land probe over purported claim that he fraudulently acquired a hostel that was pledged as collateral by George Wakanyira,a retired accountant from KCCA.
The proprietor of Legacy Credit Ben Kavuuya, has again been dragged to the land probe over the allegation of grabbing property worth sh800m.
Kavuuya was dragged to the land probe over the purported claim that he fraudulently acquired a hostel that was pledged as collateral by George Wakanyira, a retired accountant from KCCA.
On Monday, Wakanyira said his wife has since run away from their matrimonial home in Bweyogerere and he now lives a destitute life, a woe he attributes to Kavuuya whom he said grabbed his property. He said Kavuuya has also grabbed his Matrimonial home in Bweyogerere.
“I have decided to come to the commission because Court of Appeal has taken a very long time and I don’t foresee recovering my property.
Kavuuya is busy reaping from what he never sowed. I am now staying at my sister’s residence. I don’t have a wife, now my prostate is growing because I don’t get conjugal right and I am now 65,” Wakanyira said.
Wakanyira told the land probe chaired by Court of Appeal Judge Catherine Bamugemereire that he lost a fight to save his mortgaged property (Hostel) valued at sh800m in a fraudulent transaction to a money lender, Kavuuya of Legacy Credit.
Previous claims against Kavuuya
Kavuuya is yet to appear before the commission and respond to claims made by Wakanyira.
Last week an estate beneficiary accused money lender Kavuuya of grabbing two-acres in the city suburb of Kulambiro, worth sh3.7b($1m).
Nelson Ddumba testified against Kavuuya, at the land probe commission public hearing in Kampala accusing Kavuuya of illegally acquiring the land.
The contentious land was originally registered as Kyadondo Block 216 Plot 221. It is currently known as Plot 3665 to Plot 3672.
The complainant is the beneficiary of the estate of his father Benjamin Kityo, who died on April 14, 1990. Documents show Kityo inherited the land from his father Joseph Lwere Nganda
However, Kavuuya denied the claim saying he is a bonafide purchaser of the land from Haji Zed Kezimbira.
Wakanyira said when his Hostel at Kataza, a city suburb was at the verge of being sold off by Housing Finance Bank, he was in a desperate situation that forced him to borrow sh170m from Kavuuya ’s money lending company the then Global Capital Save in 2007.
He said Kavuuya duped him to sign a bogus transfer form claiming that he had sold the land yet it was collateral. Global Capital Save has since wound-up.
He said that Kavuuya made him append his signature on a blank piece of paper which he (Kavuuya) allegedly used to transfer the Hostel in the name of Rutungo Ltd.
He told the commission that he pleaded with the bank to be allowed to liquidate the loan through monthly instalments, but Kavuuya went to the bank and influenced bank officials not allow his requests.
“When I went to lands and checked, hardly one month the man had already transferred my title. We carried out a search and found Kavuuya had transferred the title to Rutungo Ltd,” Wakanyira said.
Wakanyira said his hostel at Kataza was transferred on February 21, 2007 to Rutungo property Ltd, a company linked to Kavuuya, his wife Barbara Kavuuya and his son Brian Kavuuya.
He said, he sought to be given adequate time within which to sell his farm and use the proceeds to pay the entire debt but he failed and he was prompted to borrow sh170m from Kavuuya
Wakanyira in 2007, a few days before the house was advertised for sale, he moved to court for a temporary injunction stopping Housing Finance Bank from carrying out the sale until his application was heard but he failed to secure the order.