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I’m Going To Start A Bank Where We Lend People Without Asking For Land Titles Or Security – Pr. Bujjingo

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House of Prayers Ministries International (HPMI) senior Pastor Aloysious Bujjingo has told his congregation that he is soon going to start a bank where people can borrow freely without collateral.

During his ‘chapter 2’ sermon on Thursday, Bujjingo said that after the construction of 38,000 Pentagon seater church, he is going to start the battle to fight poverty by empowering Ugandans financially.

“I strongly believe that after the construction of Pentagon a 38,000-seater church, there is no reason why anyone among us should be poor,” Pr. Bujjingo Said.

Pr. Bujjingo declared that despite facing many detractors, who are trying hard to soil his name, he is ready to bless others because God has also blessed him. He said that he doesn’t want much from the world apart from fulfilling his calling of making sure that people are delivered both spiritually and physically.

He said that there are many educated people who are suffering because they lack opportunities to exercise their expertise.

“God has blessed us and many are educated among us, that’s why I have plans to establish a financial institution like a bank. Because so many here are accountants and you are teaching your children to be. I do not need to be an accountant but I need you who are accountants. I have declared it, those who want to fight against it, you can go head but God will establish it. We need to have a system of lending money to people without requiring land titles or any sort of security,” said Pr. Bujjingo who already employs hundreds of journalist, engineers, marketers and accountants under his Salt Media company.

He emphasized to the believers to avoid relying on gossip but work hard and listen to God if they want to triumph.

Bujjingo also dismissed social media allegations that he owns Canaan soda.

He Commended all the people who have stood with the ministry amidst the storm it has faced recently and the Salt Media audience who have persistently followed the message of the good news of the word of God.

By Doreen Menezer

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Total Finally Speaks Out On The Decision To Invest In Uganda’s Oil Project

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Total’s Chief Finance Officer, Jean-Pierre Sbraire (inset)

Total’s Chief Finance Officer, Jean-Pierre Sbraire has told analysts during a conference call after the French oil major’s third-quarter that as management, they have not yet decided to invest their money in Uganda’s oil project.

He revealed that the company was supposed to decide on the issue of Uganda’s oil last year but there were some issues holding back the decision even though they are still committed to the project and the project is technically mature.

“We are ready to launch but we recently faced some difficulties with the authorities,” he said.  He said that Total had planned to buy some of Britain’s Tullow Oil’s stake in the 230,000 barrel-per-day project but that deal was called off due to a tax dispute with the Ugandan authorities.

Total’s CEO Patrick Pouyanne

“We remain fully committed to the development but we’ll see, at present time, it is a bit too early to assess when the Final Investment Decision (FID) could be taken for the project,” Sbraire explained.  It should be remembered that Total’s CEO Patrick Pouyanne said earlier this year that investing in Uganda’s oil will be a personal priority this year after setbacks led to a delay on the FID in 2018.

By Jamil Lutakome

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Kajjansi Progressive SS Director in Shs1.7bn Scum: Lawyer Accuses Her Of Facilitating Forgery Of US Dollar Currency As She Comes To Court Dressed Like An Al-shabaab Terrorist…

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Nsangi comes to court dressed like an Al-shabaab

City lawyer Derrick Bazekuketta has asked Buganda Road court to issue an arrest warrant against Rebecca Nsangi, the director of Kajjansi progressive secondary school for facilitating the forgery of US dollars.

Bazekuketta told Buganda Road Court magistrate Marion Magenyi that he has enough evidence pining Nsangi in a scum which involved manufacturing of US Dollars amounting to Shs1.7bn.

“Her worship, I have read and internalized the statement made by the complainant Miss Nsangi against the accused and discovered that she must be added to the suspects. She admitted in this statement that she was the one who facilitated the duplication of an international currency which is a very serious crime here and internationally,”  Bazekuketa submitted.

Nsangi in court

He told court that when Nsangi realized that she was facilitating a crime and that she had already lost a lot of money, she decided to turn against her fellow culprits and reported them to the authorities claiming that she was the victim in the scum. He further revealed that there is enough evidence that Nsangi has been pressurizing the state to hurriedly prosecute Rayne Mukasa, Muhammad Ali, Patrick Lwasa and Steven Bukenya on charges of obtaining money by false pretense after the whole deal went bad. 

State lawyer Mike Kintu pleaded with court to allow the prosecution to proceed with his ten witnesses because it’s an urgent matter and some of his witnesses are students who are preparing to sit for their final exams so they don’t have time to frequently come to court. The magistrate overruled Kintu and ordered that she will first make her ruling on the trespass charge sheet. However, there was comedy in court when Nsangi went into the dock dressed like an Al-Shabaab terrorist covering her face to avoid being snapped by the media.

The accused in court

WHAT HAPPENED?

Nsangi alleges that the accused extorted over 180 million shillings from her after lying to her that they had US dollars worth Shs1.8 billion but the problem is the currency notes had a US stamp on them that needed to be erased. They told her that if she could get them 180 million shillings, they will be able to use it to erase the stamp from the US currency notes and give her part of the money.

When she gave them the money, they took off into hiding. Nsangi said that with the help of operatives from CMI and ISO, they arrested the culprits and took them to court on charges of obtaining money by false pretense.

However, the accused say that Nsangi should also be put on the charge sheet because she facilitated the fraud.

By Jamil Lutakome

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KIWANUKA FAMILY WOES: Mukwano Group Moves To Buy Mohan Kiwanuka’s Grave Yard, His Oscar Industries Struggling As Over 400 Workers Are Set To Lose Jobs, Some Family Members Cut Off From Speaking To The Old Man

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All isn’t well in tycoon Mohan Kiwanuka’s family as some of his close relatives move to oppose the efforts by the Mukwano Group to buy Kiwatule land that works as the burial grounds for the entire family. Even though he hails from Kayunga District in Bugerere, Mohan Kiwanuka sometime back bought 80 acres of land from his neighours and turned it into a burial ground for members of his extended family.

The land has a few squatters who are loyal and obedient to Mohan Kiwanuka. The Kiwanuka family has a care taker who keeps the land to ensure it’s not encroached upon by illegal squatters. This caretaker has stayed there for a long time and has been allowed to so far bury three of his own relatives there. On the other side of the land are three graves of Kiwanuka’s family members including his own mother who died aged 92 in 2017 and was buried there. Even Kiwanuka himself will be buried there the day he dies. 

Kiwanuka with one of his family lawyer Buwule

But some family members are uncomfortable that power brokers and real estate brokers who have been participating in the selling off of his properties have recently approached Mukwano Group calling on them to purchase the Kiwatule land so that Mohan can bank the cash on his foreign bank accounts in Dubai and Doha/Qatar where some influential advisors are pressurizing him to relocate all his businesses and leave Uganda because it’s economy isn’t doing well.  

Besides arguing that it’s not right to sell burial grounds, some family members and concerned Mohan Kiwanuka friends have been pleading with Mukwano Group managers not to dare buy the Kiwatule land because the price at which it’s being offered to them is too low. 

There are also concerns that even other Kiwanuka properties haven’t been sold at good price. For example, his plot in the center of Wandegeya near the banks was sold recently at just USD250,000 yet Dr. Sudhir had years earlier wanted to buy it at USD2M. Kiwanuka had bought that Wandegeya land to put up a modern cinema complex targeting Makerere students as the potential market. 

Part of Kiwanuka’s land for sell

Then in Kololo along Elizabeth Avenue, another Mohan Kiwanuka piece of land on the hill was sold to Sophie Nantongo of African Queen cosmetics at just USD1m yet a wealthy Indian tycoon had years earlier offered USD4m for the same plot because it’s on a good location on the hill. There are concerns among family members that Mohan Kiwanuka is in a frail state being an old man and therefore needs strong advisors around him. 

Already his 40 white expatriate tenants at his large estate on Kololo hill near his friend BoU Governor Mutebile’s home are complaining that their land lord isn’t treating them well because everyday he keeps forgetting and coming to them to ask for rent yet they paid for 5 years when they were entering the apartments. Each of the 40 apartments is charged USD700 per month and the tenants say once he renovates them, they are ready to pay USD1500 per month.

Oscar industries premises

There are also concerns that the Oscar Industries based in Nakawa is being inspected by real estate agents who keep telling Indian tycoons in town that it will soon be put on the market because Mohan Kiwanuka badly needs the money. It is located on Plot 218 Factory Close in Nakawa Industrial Area. In fact, as we talk, the more than 650 youths who used to work there as factory workers are jobless after management fired them. This has left many of the users of Oscar Industries products stranded because there is no more production of the books and other office stationery. In fact, when our reporter visited the Nakawa factory, we found it was locked with only four security guards on site. They were guarding the gate and didn’t allow us in. We had wanted to interview tycoon Mohan Kiwanuka but the security guards said he hadn’t been coming for more than a week. We also tried to the factory phone lines 0414505646 (it did not exist on the network) and 0414220084 (not in service), we even went online to check the number 031 2260640, which they put as the company’s contact, when we called on it, it was not available. We were later told by the security guards that the lines had been disconnected since there is no more operations at the factory.

We also got at the gate some guys who said they had come to place their orders for the books but they too were chased by the security guards. One Indian tycoon said he had been approached by land brokers to prepare to put in his bid for the Kiwatule burial ground but pulled out after being told there was too much wrangling regarding the Mohan estate and risked losing his money in case one of the children or family members who have shares in the companies go to court in future to challenge the transaction. 

By closing the Nakawa factory, Mohan is losing a lot of money yet he also has two debts with Commercial Bank of Africa and DFCU bank where his youngest daughter works. There are also concerns as to why Mohan recently declined a USD4m deal Total Uganda was offering to complete his 100 apartment houses on Ridge Way Kololo hill. He had put up these ones for CHOGM conference in 2007 but pulled out after government officials asked for Shs8bn out of the Shs10bn he was to be paid to house CHOGM guests. By that time, Mohan had already invested USD5m but abandoned the houses uncompleted. 

The letter that Kiwanuka wrote to the Germany embassy asking for visas for his wife and children to attend his daughter Jordana Pearl Kiwanuka’s wedding

That’s why Total Uganda recently came to him saying they are ready to invest USD4m to complete the houses but the tycoon from Kayunga Bugerere refused saying these are thieves wanting to steal his Ridge Way estate. All these business mistakes have caused many family members to be annoyed and begin saying whoever takes advantage of the man’s old age to buy his family property cheaply will pay back/vomit it in future. 

Kiwanuka’s marriage certificate

Some family members want President Museveni or the Kabaka of Buganda Ronald Muwenda Mutebi II to intervene to save Kiwanuka’s riches from being grabbed by smart city Indian tycoons taking advantage of his old age and the wars raging in his family. Some family members, including senior wife Beatrice Luyiga Kavuma whom he recommended for a visa in 2017 introducing her as his sweetest wife to the German embassy, are fearful that Mohan Kiwanuka is too withdrawn these days and not easy to access. Some family members say they last accessed him in May and others like his children say they have taken two years without accessing him.

Some family members told the Grapevine that each time they ring, Mohan Kiwanuka’s phone is picked by a tough-talking lady who just abuses them advising them never to call him again. The woman can quarrel while asking ” why don’t you allow the old man to rest?” That even at his office before the Nakawa Oscar factory was closed, Kiwanuka wasn’t free to meet his children, other relatives and wife because he must first get permission from the woman who keeps answering his phone calls on his behalf.

The Grapevine tried to talk to some of Kiwanuka’s family members and wife Kiwanuka but they were not accessible.

By Grapevine Reporter

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