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Tag: Equity Bank

IGG SPEAKS OUT ON BOBI WINE BULLET PROOF CAR

IGG SPEAKS OUT ON BOBI WINE BULLET PROOF CAR

FEATURED, NEWS
The Inspectorate of Government (IG) says National Unity Platform president Robert Kyagulanyi aka Bobi Wine needs to declare how he acquired his bulletproof car by close of March 2021. The posters of two most popular candidates for Uganda's Presidential election, incumbent President Yoweri Museveni (R) and Robert Kyagulanyi (L), aka Bobi Wine, the pop star-turned-opposition leader in Kampala, Uganda, on January 4, 2021. - Uganda gears up for presidential elections which is scheduled to take place on January 14, 2021, as President Yoweri Museveni seeks another term to continue his 35-year rule. (Photo by SUMY SADURNI / AFP) (Photo by SUMY SADURNI/AFP via Getty Images) Bobi Wine unveiled his ‘armored’ vehicle at the weekend, attracting attention from the public and government. H...
Tycoon Sudhir Buys Simbamanyo House From Equity Bank

Tycoon Sudhir Buys Simbamanyo House From Equity Bank

FEATURED, NEWS
By Keefa Nuwahereza Tenants at Simbamanyo House inn Kampala are on tenterhooks after they learnt that tycoon Sudhir Ruparelia has built the building comprised in LRV Folio 3 Plot 2, Lumumba Avenue Simbamanyo House from Equity Bank. The Bank sold Simbamanyo House to Sudhir’s Meera Investments Ltd on October 8th, 2020, after its former owner Peter Kamya failed to service a Shs11.5Bn loan, which later multiplied into Shs38.6Bn with interest. A letter from Equity Bank Managing Director Samuel Kirubi to all tenants and occupants, dated October 8th, 2020, copied to Simbamanyo Estates, which confirms the takeover of the building reads thus in part; “SALE OF LAND COMPRISED IN LRV FOLIO 3 PLOT 2, LUMUMBA AVENUE SIMBAMANYO HOUSE (The Property) We are writing to inform you that Equity...
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