Connect with us

Hi, what are you looking for?

Sqoop - Get Uganda entertainment news, celebrity gossip, videos and photos
Sqoop – Get Uganda entertainment news, celebrity gossip, videos and photosSqoop – Get Uganda entertainment news, celebrity gossip, videos and photos

Four One One

Elvis Sekyanzi released after a week behind bars

Events Guru Elvis Sekyanzi

Silk Events proprietor Elvis Sekyanzi was released yesterday morning after spending a week in Luzira over failure to refund a business loan he acquired from a creditor from Mash Investments Limited.

Court bailiff Sarah Komugisha was demanding sh20m, but later accepted sh12m, for effecting a court order.

“It is very difficult to arrest Sekyanzi. I got the warrant on June 1, and effected the arrest towards the end of the month. That is why he should pay my costs before he is released,” Komugisha insisted.

The Commercial Court released Sekyanzi from Luzira Prison after paying court bailiff’s costs, warning that if he fails to pay the balance within the specified period, he will be arrested.

Mash Investment Limited and Sekyanzi had agreed to establish, operate and run an entity known as Liquid Silk, Bugolobi Limited, but Sekyanzi breached the contract and failed to return $136,000 (about shs487m) given to him by Mash.

 

You May Also Like

Features

A bunch of Ugandans find themselves teeming with a new-found energy after coming through a three-day training workshop with two acclaimed Hollywood filmmakers. The...

Events

  Allan Toniks, real name Allan Ampaire, is among the few artistes from his generation still standing strong over 15 years since his debut....

News

  Spotify has announced that the South African multi-award-winning R&B sensation Ndivhuwo Elaine Mukheli, alias Elaine, is the Equal Artist for October 2024. A...

Four One One

When rumour started making rounds that Sheebah Karungi was with child, it surprised many. And while she has never come out to reveal who...

Advertisement