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Tycoon Kirumira To Pay Shs200m For Fraudulent school takeover

Businessman, Godfrey Kirumira was ordered to retain ownership of Bright Future Vocational Senior Secondary School on Entebbe Road in Wakiso District but pay millions in damages and legal costs incurred for the last ten years. Justice Elizabeth Jane Alividza of the Commercial Division of the High Court ruled in favor of

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Jack Pemba Vows Not to Pay Back Kirumira’s Shs 1Bn

City socialite Jack Pemba has vowed not to pay back tycoon Godfrey Kirumira’s $300,000 (about Shs 1 billion), that he borrowed from him in November 2017. In their agreement, Pemba was supposed to pay back the money in installments starting with an initial payment of $100,000, which he has failed to

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Tycoon Kirumira Drags Jack Pemba to Court for Failure to Pay Shs 1Bn Debt

The commercial division of High Court has directed the arrest of city socialite Bryan Pemba over failure to pay Shs 1 Billion he owes to fellow tycoon Godfrey Kirumira. Kirumira accuses Pemba of failing to pay $300,000 (about Shs1.1 billion), which he lent him in November 2017. In their agreement, Pemba was

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Tycoon Kirumira Demands Apology from Vision Group Over Crane Bank Saga

City businessman Godfrey Kirumira has threatened to sue Vision Group over alleged defamation. This comes after Vision Group daily newspapers, The New Vision and Bukedde implicated the property mogul in the alleged Crane Bank fraud which involves Ugandan billionaire Sudhir Rupaleria. Sudhir was recently dragged to the Commercial Court by Bank of

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Tycoon Kirumira, SK Mbuga Summoned to Police CID

The Police Directorate of Criminal Investigations (CID) has issued summons for city tycoons Godfrey Kirumira and SK Mbuga, The Tower Post has learnt. Local radio station Capital FM reported on Monday morning that the self-styled tycoons were required to appear at CID headquarters in Kibuli. Although the cases preferred against the two

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