Sudhir Ruparelia – Elite News

Feb242021 by Abel kawereNo Comments

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...

Oct92020 by Abel kawereNo Comments

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...

Aug182020 by Our ReporterNo Comments

Prof. John Opuda-Asibo is the new Chancellor of Victoria University.

Education, FEATURED, NEWS

By Keefa Nuwahereza Victoria University has this morning installed a new Chancellor, Prof. John Opuda-Asibo. Prof. Opuda is a scholar of national and international repute and is the third Chancellor at the University. “He joins the University at a critical moment and brings to bear his expertise, wide-reach, experience and knowledge that will ensure that the University remains the top private institution in Uganda,” a release from the University that is part of the Ruparelia Group of Companies read. He is a graduate of Veterinary Medicine Degree Makerere University, and also holds a Masters Degree in Public Health and a PhD in Microbiology, Epidemiology and Public Health, both from the University of Minnesota, USA. His Public Health training has provided him with multi-sectoral k...

Jul232020 by Our ReporterNo Comments

Parliament Orders Internal Affairs Min. Gen. Odong To Explain Attack on Tycoon Sudhir’s Son Rajiv

FEATURED, NEWS

By Our Reporter The Speaker of Parliament Hon. Rebecca Alitwala Kadaga has summoned the Internal Affairs Minister Gen. Jeje Odongo, to explain circumstances under which Anti-terrorism policemen attacked businessman Sudhir Ruparelia’s son Rajiv Ruparelia in Kololo last week, with intent to harm him. Speaker Kadaga’s summons came on Wednesday after Kasilo County Member of Parliament,Elijah Okupa, raised the matter on the floor of Parliament. “Last week we heard about the people who wanted to kidnap Mr Rajiv Ruparelia when he was walking but was only saved by his dogs. We have been waiting for the Minister of Internal Affairs to tell us who those people are because in the videos we saw they were dressed in police uniform,” Okupa said. He added that the incident was captured on CCTV ...

Jul172020 by Our ReporterNo Comments

Breaking: Tycoon Sudhir’s Son Rajiv Survives Brutal Attack By Police Guards, Saved By Dogs

FEATURED, NEWS

By Keefa Nuwahereza The family of Kampala Mogul Sudhir Ruparelia woke to shock on Friday morning following a brutal attack against his son Rajiv Ruparelia, by men dressed on police attire. https://youtu.be/h4vt2k3sLXo CCTV footage shows Rajiv Ruparelia leaving his father's residence shortly before the attack According to credible sources, Rajiv survived being assassinated by a group of yet to be identified people said to be police or guards dressed like policemen, who attacked him early morning as he left his father’s residence to go jogging with his two dogs. https://eagle.co.ug/wp-content/uploads/2020/07/WhatsApp-Video-2020-07-17-at-11.31.09.mp4?_=1 It is said that as soon as he had walked a few meters from the gate, the guards in the neighbourhood heard him yelling for...

Jun232020 by Our ReporterNo Comments

Trouble For BoU After Court Of Appeal Dismisses Shs397Bn Case Filed Against Tycoon Sudhir

FEATURED, NEWS

By Keefa Nuwahereza The court of Appeal on Tuesday morning dismissed an appeal that had been filed by Bank of Uganda, contesting a 2019 ruling by High Court Justice David K. Wangutusi, in which he ruled that Bank of Uganda had no legal capacity to sue Sudhir Ruparelia on behalf of Crane Bank, which was under receivership. The Matter arose from a case filed by BoU against Sudhir in 2016, alleging that the tycoon and others had pocketed Shs397Bn from Crane Bank prior to its being wound up and sold to dfcu Bank. When Justice Wangutusi dismissed the case with costs after BoU lawyers failed to adduce enough evidence to back up their allegations, BoU officials decided to appeal the ruling, which resulted into the dismissal of their Appeal today by the a Panel of thre...

Jun122020 by Our ReporterNo Comments

Lawyer Galisonga Speaks Out On Dr. Sudhir Ruparelia’s Sacked Sanyu FM Presenters

FEATURED, NEWS

By Counsel Julius Galisonga As a child, whenever my dad used to give me less pocket money or cancelled some items off shopping list, I viewed him as unreasonable. Sometimes he’d pull out a huge bundle of cash and just pull out a little, much less than I wanted and gave me. To me then, he was a stingy guy. As a parent, I’ve not bought every toy, shoe or fancy things as my kids ask, not necessarily that am unreasonable but because there are decisions I make with due considerations of all circumstances. This is the situation facing employers and the employees in the immediate aftermath of Covid-19. Only pragmatism on the part of both parties will keep their relationship lasting. Let’s take the example of Sanyu FM employees. Sanyu FM, which is part of Ruparel...

May22020 by Our ReporterNo Comments

Rich List: Tycoons, Celebs & Gov’t Officials Who Own Swanky Homes Unveiled

FEATURED

By Keefa Nuwahereza David Bahati, the Minister for Economic Planning, ordered for the arrest of a journalist identified as Ronald Bagyenda after he posted the ‘State House’ like crib which the Minister allegedly built in Kabale district. The swanky multibillion crib which led to Bagyenda’s arrest is located in Ndorwa East constituency, which the Minister also represents as Member of Parliament. Minister David Bahati's crib However, apart from Minister Bahati, there are several other celebrities, tycoons and government officials who own swanky cribs that are worth hundreds of millions of shillings who we have unveiled in this first part of the Elite Rich List. They include but are not limited to the following; Sudhir Ruparelia Officially, Dr...