Browsing: Departed Asian Properties

Panic As Government Finalizes Plan To Seize At least 100 ‘Fraudlently Owned’ Departed Asians’ Properties, Over 600 Tittles Cancelled

Government of Uganda has finalized plans to recover up to 100 Departed Asian properties formerly reclaimed by the Asians despite having received compensation from the government. This development comes after the Committee on Statutory Authorities and State Enterprises (Cosase) of the 10th Parliament directed the government to recover the properties and prosecute those who aided…

Busted: Former MPs On Spot For Asking Bribes From Owners Of Departed Asians Properties

Former Members of Parliament on committee on Commissions, Statutory Authorities and State Enterprises (COSASE) are being accused by city landlords of witch-hunt in the ongoing row involving properties of Departed Asians. According to Eagle Online news website, the new MPs are finding it hard in implementing some of the resolutions passed by the former legislators…

‘You Have No Powers Over Departed Asians Property’ – Solicitor General Warns Bizibu, Minister Kasaija To Back Off Asian Properties Already Repossessed

The Solicitor General has warned Departed Asians Property Custodian Board Executive Secretary George Bizibu and Finance Minister Matia Kasaija not to interfere in matters regarding Asian properties. In letter seen by this website, the Solicitor General citing section 15 of the Expropriated Properties Act Cap.87 says the board and Finance Minister have no powers to…

On Spot: Asians Custodian Board Under Probe As Over 15 Billions Go Missing From Account

Panic has engulfed the custodian board after it has emerged that Shs 15 billion was mysteriously withdrawn from the Departed Asians Property Custodian board accounts by the unknown persons. The development came after Members of Parliament on the committee Commissions, Statutory Authorities and State Enterprises (COSASE) discovered the missing monies and quizzed Ministry of Finance…