Latest Posts

Two Arua Finance Trust Loan Officers Abducted, Dragged To DRC Courts

Two Finance Trust bank loan officers who were abducted in Arua last week and dragged to court in the Democratic Republic of Congo (DRC) have been released on bail.
Mubarak Asiimwe and Johnson Sempiira were reportedly picked up from the bank branch on Thursday by a client identified as Atanansi Acidri, a resident of Pajulu sub-county in Arua district.
Acidri has been bickering with the Finance bank for the last two years, seeking to recover up to Shs 50 million that was obtained from the sale of his land to recover a loan that he (Acidri) failed to clear.
Last week, he reportedly approached the bank requesting this time for another loan of Shs 45 million. He reportedly presented as security, land in Logiri sub-county in Arua near the border with DRC. The bank dispatched two loan officers to go and verify the existence and ownership of the said land.

Acidiri’s actions up to this point did not raise any suspicions until later in the evening when the two loan officers called the bank manager, and said that they had been detained at a place called Aruu in the Democratic Republic of Congo.

West Nile Region police spokesperson Josephine Angucia, said that Acidri, a renowned businessman both in Arua town and in DRC, made arrangements with the Territorial administrator in DRC to dispatch Congolese police to arrest the loan officers and have them detained.Acidri then ordered the two abductees to call the bank manager, Sunday Kevin and inform him about the developments. He demanded that the manager takes Shs 50 million to Aruu in DRC, where the two loan officers were being held to secure their release. Sunday reported the matter to Uganda police and to Arua resident district commissioner, Nahori Oyaa.

According to Arua district internal security officer (DISO), Stephen Dravu, who was part of the team that went to Aruu in DRC, the loan officers were taken before a magistrate and charged with obtaining money illegally from Acidri. The team pleaded with the Congolese officials who later released the two on bail on Friday.”When we reached there [Congo], the security team welcomed us and we discussed with them this issue but they told Atanansi Acidri is a Congolese citizen, he is not a Ugandan. He is a man who does business from Congo up to Kampala [where] he loads things on vehicles…The Congolese authorities say they are going to prosecute him for having two citizenships. We pleaded with them to release these people, so we shall take them back on Monday March 14, 2025.” said Oyaa.

“The two were okay because they had some little money with them. They were being fed on their own money except they were very dirty and also said those people in cells wanted to beat them, torture them but after giving them Shs 100,000 they were not tortured. They had to buy their lives,” he added.

Don't Miss

EXPOSED! Muyenga Tycoon’s Maid Cited In Land Wrangle

In recent days, Muyenga, Y2K Zone a push Kampala suburb,

Parliament Orders Closure Of Fuelex Petrol Stations For Adulterating Fuel

The Parliamentary Committee on Trade And Industry led by Mbarara

Big Story: Parliament Probes UETCL Bosses Over Corruption, Mismanagement & Controversial UGX 28Billion Compensation Deal

Members of Parliament on the Committee on Environment and Natural

‘Back Off Buganda Land’ Kabaka Mutebi Castigates People Pushing For Abolition Of Mailo Land Tenure System

The Kabaka of Buganda Kingdom Ronald Muwenda Mutebi II has

Big Story: IGG Probes Over Shs1bn Ubos Fraud

The Inspector General of Government (IGG) is investigating top officials

EXPLOSIVE: How Speaker Kadaga & Confidant Hon. Okupa Spent Over US $764,000 (Shs2.8 BN) In-less Than 2 Years In Travels Abroad

Since taking office as Deputy Speaker of Parliament way back

Ham Vs DTB Appeal: Bank Of Uganda Runs Out Of Case, Leaves DTB To Carry Its Own Cross

Bank of Uganda has officially quit the case involving city

Amnesty International Joins Push To Free Presidential Runner Robert Kyagulanyi

The Ugandan authorities must immediately lift the police and military

Exporters Call For Strong Action Against EAC States’ Trade Barriers

Manufacturers have called on the government to impose tough measures

Big Story: How KCCA Officials Messed Up Youth Fund Programs, Stole Billions of Gov’t Funds In Shoddy Deals

Kampala: If there is any government Authority that frustrating President

I Predict Museveni, NRM Victory In 2021 Elections

By Faruk Kirunda Kampala: As we dive into the high

Crisis: Lord Mayor Lukwago Defies Court Order, Appoints Balondemu As Chairman K’la District Land Board

Veteran lawyer Hajji Elias Lukwago, who is the Kampala city

Scandal: Stanbic Bank Bosses Allegedly Steal Borrowers’ Land Titles, Mortgage Them To Dfcu Bank

Several officials at Stanbic Bank are in deep trouble after

Scandal: KCCA Officials On Spot For Blowing Shs 8Bn Under The Guise Of Renovating Old Tax Park

Several officials at the Kampala Capital City Authority (KCCA), are

Covid-19 Crisis: Ugandan Students Expected To Sit For UNEB Exams In March 2021

All indications are that a dead year will not be

BoU To Appeal In Supreme Court Over Trashed Crane Bank Case

The Bank of Uganda (BOU) has said it will be

Shame As Top Police Boss Is Convicted Of Car Theft, Ordered To Pay Over Shs282M

Untold shame has engulfed the Uganda Police a senior officer

Just In! Energy Mafias Rock Parliament As Patriotic Young Turks Question AIGP Akullo’s Involvement In Min. Energy Corruption

Panic has rocked Parliament as renowned Parliamentarian and Lawyer Hon.

Energy Mafias Debunked Part III: How Werikhe, Turyagyenda Corruptly Swindled Shs15 Bn For 3 Electricity Distribution Projects In Acholi, Bunyoro & Kiruhura

FUNDING THE COUP THROUGH ENERGY AND MINERALS CORRUPTION By the

Just In: Top Energy Officials Fired On Presidential Orders Over Massive Theft Of Electricity Distribution Funds

By Our Reporter Kampala: Two senior officials of Rural Electrification

Salary Scam Hits KCCA AS 29bn Is Paid To Ghost Workers

After Eng Andrew Kitata took over as the acting Executive

POLICE REPORT Exposes How Over 270 Driving Permits Were Fraudulently Issued At UDLS

About 270 driving permits have been fraudulently issued by the

Gov’t Earmarks UGX 300M For Installing X-Ray Machine At Buliisa Hospital

The government has through the Ministry of Health earmarked Shillings