MPs summon Basajjabalaba over debts
Jul 21, 2010
Parliament’s local government accounts committee has summoned city tycoon, Hassan Basajjabalaba, to explain why he has failed to settle debts worth sh4.3b with Kampala Central Division.
By Barbara Among
Parliament’s local government accounts committee has summoned city tycoon, Hassan Basajjabalaba, to explain why he has failed to settle debts worth sh4.3b with Kampala Central Division.
The committee heard yesterday that Basajjabalaba’s companies Victoria International Trading Company and M/S Haks Express, failed to remit the money to the council.
“We want Basajjabalaba to explain why he has not paid,†said committee chairman Abdu Katuntu.
Victoria Trading Company was awarded a contract to collect dues from St. Balikuddembe Market. In 2006, KCC dragged it to court which ruled in favour of the council.
Haks Express Ltd owes the division sh30m.
The committee is currently handling audit queries from the Auditor General on the division for the period ending June 2008.
Parliament’s local government accounts committee has summoned city tycoon, Hassan Basajjabalaba, to explain why he has failed to settle debts worth sh4.3b with Kampala Central Division.
The committee heard yesterday that Basajjabalaba’s companies Victoria International Trading Company and M/S Haks Express, failed to remit the money to the council.
“We want Basajjabalaba to explain why he has not paid,†said committee chairman Abdu Katuntu.
Victoria Trading Company was awarded a contract to collect dues from St. Balikuddembe Market. In 2006, KCC dragged it to court which ruled in favour of the council.
Haks Express Ltd owes the division sh30m.
The committee is currently handling audit queries from the Auditor General on the division for the period ending June 2008.