Departed Asians Properties Custodian Board Archives

Parliament’s recommendations on departed Asians property are illegal, unimplementable and could cost the government billions in court suits—Attorney-General advises

by Muhereza KyamuteteraGovernment Agencies Politics & Government The Big StoryMarch 29, 2022March 29, 2022

March 11, 2022The Hon Minister of Finance, Planning and Economic DevelopmentDear Colleague,RE: THE DEPARTED ASIANS EXPROPRIATE ASSETSAs a result of the debate that has taken place in the recent past,…

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COSASE sub-committee confirms Sudhir rightful owner of plot 24 Kampala road as report names cases won, lost by Custodian Board

by Thembo Kahungu MisairiParliamentMay 5, 2021May 5, 2021

The sub-committee of the Parliamentary Committee on Commissions, Statutory Authorities and State Enterprises (COSASE) has exonerated property mogul Sudhir Ruparelia after its probe found that he genuinely owns the Plot…

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Tycoon Shumuk Tasked to Explain Dubious Takeover of Dewinton Land

by URNFinanceJuly 22, 2020

The Director of Shumuk Aluminium Industries Mukesh Shukla has been asked to provide documents that support his ownership of Plot 9 Dewinton Road in Kampala. Mukesh reportedly repossessed the said…

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“You cannot probe into matters already decided by Court”- Court tells off MPs inquiring into Departed Asians properties

by Muhereza KyamuteteraParliamentFebruary 10, 2020February 28, 2020

High Court Judge Dr. Andrew Bashaija has ruled that it is illegal for Parliament and its committees to review and scrutinize court orders and judgments, the court has ruled. Bashaija,…

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Sudhir protests to Speaker over COSASE’s planned probe of a property case already determined by court

by Muhereza KyamuteteraCommercial JusticeAugust 15, 2019December 5, 2019

The Ruparelia Group Chairman and Meera Investments Managing Director, Dr. Sudhir Ruparelia, has written to the Speaker of Parliament, Rt Hon Rebecca Kadaga, protesting a planned move by the Public…

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