Friday, March 29News That Matters

Eng. Walusimbi sues money lender

Former Buganda Prime Minister John Baptist Walusimbi has sued a money lending company and an estate administrator seeking more than Shs471m as damages for unjust enrichment.
In a case filed before the Commercial Division of the High Court, Eng Walusimbi, accuses R. L. Jain Limited and Mr Rajnish Jain, the administrator of estate of the late R. L. Jain of seeking to defraud him with an illegal loan of Shs5b. 
Acting through J Byamukama and Co Advocates, Eng Walusimbi faults the accused for unjust enrichment, breach of mortgage agreements

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