TOP
Saturday,July 04,2020 13:57 PM

MUBS in property wrangle

By Vision Reporter

Added 28th December 2000 03:00 AM

MAKERERE University Business School has warned the public against purchasing a Bugolobi property belonging to former Uganda Investment Authority chief, Mr. George Rubagumya.

MAKERERE University Business School has warned the public against purchasing a Bugolobi property belonging to former Uganda Investment Authority chief, Mr. George Rubagumya.

By Vision Reporter MAKERERE University Business School has warned the public against purchasing a Bugolobi property belonging to former Uganda Investment Authority chief, Mr. George Rubagumya. The school claims ownership of the property early this month advertised for sale by Barana Court Bailiffs and Auctioneers to recover a loan Rubagumya took from the Crane Bank. The property, to be auctioned on January 3, unless the debtors pay sh300m include land and developments on Leasehold Register Volume (LRV) 2347 Folio 8 Plot 6A and LRV 2121 Folio 23 Plot 6 Mizindalo Close Bugolobi. Rose Rubagumya and George Rubagumya are the registered proprietors. However, the business school has lodged a caveat on the plots and warned the public to desist from buying them. "Take notice that Makerere University Business School claims interest in the properties as proprietors thereof. Anybody who purchases the said properties from M/s Barana Court Bailiffs & Auctioneers does so at his/her own risk," the school's lawyers, M/s Rwaganika and Company Advocates warned in a newspaper advert yesterday (Wednesday). But Mr. Barana Barana of Barana Auctioneers challenged the university to provide the title deed for the plots. "These are our properties and we are going ahead to sell them. They can only challenge us by producing the titles," Barana said. The school's principal, Mr. Wasswa Balunywa was not available for comment yesterday. But the plots in question are next to the school's hostel. The wrangle first came to the limelight in 1998 during a tour of the school's properties by the then State Minister for Higher Education, Dr. Abel Rwendeire in 1998. Rwendeire, now State Minister for Technology promised to handle the dispute. The school accuses Rubagumya of encroaching on their land. They said, Rubagumya, now a private consultant in Kampala even razed down the custodian's house on the land. Ends.

MUBS in property wrangle

Related articles

More From The Author

More From The Author