Why Sekyanzi Wavamuno Arrested? Sekyanzi Wavamuno Arrest Reason Charges And Allegations Explored! This is to inform you that Elvis Sekyanzi Wavamuno, a businessman, has been taken into custody. According to reports, his arrest was made public on Thursday. What was his reason for being in jail? According to the source, the tycoon had been arrested on debt charges. Yes, Elvis Sekyanzi Wavamuno has been taken into custody. The news of Elvis Sekyanzi Wavamuno being arrested has made netizens curious about the matter. They want to find out to who he owes money and how much he must pay in order to clear his debts. You can also explore the news if you’re interested in learning more. Please read the next sections.
Why Sekyanzi Wavamuno Arrested
According to the report, Elvis Sekyanzi Wavamuno borrowed money from Mash Investments Limited in Many 2014. They also established Liquid Silk Bugolobi, which is still in business. After two years, the Mash Investments Limited group brought the tycoon before the courtroom to avenge his failure to pay the debts and to repay the loan amount. It has been nearly six years since Mash Investments Limited group brought Elvis Sekyanzi Wavamuno, a businessman, to the courtroom. How much does he owe Mash Investments Limited or how much is Mash Investments Limited demanding of Elvis Sekyanzi Wavamuno. Let’s have a look at the below for more information.
According to a source Mash Investments Limited has demanded a sum of 230,661 US Dollars or UGX 31 800,000. After Elvis Sekyanzi Wavamuno was dragged to court, David Wangutusi, a judge, announced the final verdict. He ordered Elvis Sekyanzi Wavamuno pay his debts and to clear the amount. The businessman was unable to pay the debts. Elvis Sekyanzi Wavamuno was thus arrested. Follow For More Update Yemfoundation.org
Elvis Sekyanzi Wavamuno was arrested for failing to pay the amount within the time limit. He was taken to Bugolobi and detained there. After being presented to his office, he was taken to Luzira prison where he spent six months. It is now being reported that Elvis Sekyanzi Wavamuno will seize his property to pay off the debt. Keep checking this page for more details and up-to-date information.