Alfred Tumushabe
12 November 2009
The Mbarara District Youth Chairman has been arrested over a debt of Shs34 million he reportedly owes various banks and microfinance institutions.
Mr Kawuki Lwanga, who had been a wanted man for months, was arrested last Thursday at the district headquarters, by the Police after a tip off by creditors.
He allegedly borrowed money from Centenary Bank, FINCA Uganda and Faulu at different times during the last two years. Deputy OC Mbarara David Turyagumisiriza said handling Mr Kawuki's case will take more time because of its serious nature and has given birth to many other cases against him.
Six cases
"His file is now with the Resident State Attorney. But he doesn't have only one or two cases, there are about six coming up," he told the press on Tuesday.
The youth leader is said to have presented forged bank statement from Stanbic Bank and log book to unsuspecting bank employees to secure loans.
Daily Monitor has learnt that Mbarara Police detectives were heading to Kampala to verify the log books and bank statement Mr Kawuki issued.
The investigations are said to be aimed at exposing all those involved in forging documents.
Be the first to Write a Comment!
Copyright © 2009 The Monitor. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.
AllAfrica aggregates and indexes content from over 125 African news organizations, plus more than 200 other sources, who are responsible for their own reporting and views. Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica.
