Bukedde news paper has eaten it’s baseless propaganda against city tycoons led by Sudhir Ruparelia for tarnishing their good names.

Without proof, on 12th February 2022, Bukedde stated that President Museveni had ordered office of Inspector General of Government (IGG) to investigate Sudhir and other tycoons including Hassan Basajjabalaba, Ephraim Ntaganda and Godfrey Kirumira for milking billions of money from government through dubious land compensation deals.

Bukedde’s story was swiftly copied by social media bloggers who went on to allegde that Sudhir and fellow tycoons colluded with Lands Registry in creating fake land titles in wetlands, gazetted forest reserves, lake and river shores and on all public lands, where planned infrastructure like roads, railways and power lines are due for development.

Further, bloggers stated that the tycoons get information from governement officials about the impending projects then later get the titles without formal minutes, instruments, URA tax before they register the land in fictitious names and companies.

To hit the tycoons hard, fake stories further stated that Ephraim Ntaganda got fake titles on governemnt land, later selling the land to Sudhir who constructed ware houses on the land and rented the same to government only now to be receiving billions of money in rent…don’t ask me which land, which ware house…just as you know fake things….cooked stories!

Bloggers also reported Ephraim Ntaganda and Sudhir Ruparelia working with top Ministry of Lands officials got a substitute title for the Naguru estate land initially given to Opec properties. Sudhir and Ntaganda have now subdivided the Naguru land and are selling plots to interested buyers.

However, recently Sudhir who rarely gives time to nonsense, spared a minute and trashed all the above before adding;

“Leave them with their fake things, those people are creating nonexistent stories to find a living forgetting that if I act they may regret,” Sudhir warned.

He added, “The process of allocating Naguru land to Meera, Roko and others was transparent and was handled by ULC. In any case why would I pay anybody for that?…that’s is rubbish anyway.”

Now, in fear of what action would Sudhir, panicky Bukedde in an apology published on page four of 7th March 2022, says that there is no any ongoing investigation against the tycoons and their names were used in the story mistakenly before stating;

“We apologize for the inconveniences and harm the fake story may have caused to the tycoons and our readers.”