Uganda: Broker Sues Airtel Over Shs13.5 Billion Commission

4 February 2018

Kampala — Telecommunication firm, Bharti Airtel Limited has been sued for allegedly failing to pay commission worth more than Shs13.5 billion to a businessman who brokered the sale of Warid Telecom to Airtel.

In the case before the Commercial Court, Mr Wissam K. Fawaz contends that $3,729,423.98 (Shs13,528,858,433.48) is 2 percent of $186,471,199 (Shs676,442,921,492.40), the value of Warid telecom's assets in Uganda that were acquired by Bharti Airtel Limited.

...

AllAfrica publishes around 400 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.