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Tag Archives: fraud

Principal Judge: Repeat offenders don’t deserve bail

Kampala, Uganda | THE INDEPENDENT | The Principal Judge, Flavian Zeija, has called for stiffer laws and penalties for fraud offenses, especially for repeat offenders. Speaking at the Second Fraud Forum by the Uganda Bankers Association in Kampala, Justice Nzeija said fraudsters in Uganda found it easy to stay in …

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Five Equity Bank officials remanded over shs 62 billion fraud

Kampala, Uganda | THE INDEPENDENT | The Anti Corruption Court in Kampala has remanded five employees of Equity Bank on charges of conspiring to defraud the bank of 62 billion shillings. They are Julius Musiimenta the Head Agency Banking, Erina Nabisubi the Relationship Manager Telecoms, Fred Semwogerere a Banker, Crescent Tumuhimbise …

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Equity Uganda investigates multi-billion shillings suspected fraud

Kampala, Uganda | THE INDEPENDENT | Equity Bank Uganda has launched investigations into cases of fraud surrounding their Stock Loan and Agent Float financing that happened recently. The Stock Loan product is a credit facility meant to support entrepreneurs, small and medium-sized enterprises (SMEs), and large businesses across various sectors with …

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Swiss businessman summoned over Shs19billion land fraud

Hoima, Uganda | THE INDEPENDENT | The High Court sitting in Hoima has summoned a Swiss businessman David Ferdinand Heimhofer and his Ugandan girlfriend Mariam Kajumba to file a defense against accusations of putting an illegal caveat on land belonging to Testimony Motors Uganda. The said land worth 5 million Dollars …

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FRAUD: Court summons head of petroleum in Energy Ministry

Kampala, Uganda | THE INDEPENDENT | The City Hall Magistrates Court has summoned the head of Petroleum in the Ministry of Energy and Mineral Development Spero Byokunda to appear and answer charges related to defrauding a Serbian investor. Byokunda is wanted together with businessman Emmanuel Byamukama to appear in Court …

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