Home > NATIONAL > COURT > Kazoora to Serve 6 Months in Jail Over Shs 53M Bank Loan

Kazoora to Serve 6 Months in Jail Over Shs 53M Bank Loan

Renowned media personality David Kazoora has been sentenced to six months at Luzira civil prison over failure to pay off a bank loan amounting to 53 million shillings.

The Buddies Production and Magic1 HD CEO was arrested on Monday by bailiffs from Tuskem Associates, who have been trailing him for the past one year when he breached the payment schedule he made with the bank.

This website understands that Kazoora took the loan from United Bank of Africa (UBA) in 2015.

Deo Nzeyimana, the deputy registrar in-charge of the Execution Division of the High Court would later on Monday send Kazoora to Luzira civil prison and order UBA to pay a daily fee of  Shs3,000 to cater for his meals.

Comments

comments