Court has ordered businessman John Tiborugaba Kasangaki to pay with interest, $53,871 as outstanding funds for bicycles and spare parts he received more than two decades ago from a group Indian traders. The court also ordered Kasangaki to pay Shs15m as compensation for the inconveniences caused to the traders; Rajeev Jain, Rajesh Jain and Sanjeev Jain under their R&R Bikes Limited. In a unanimous judgement delivered on Monday, the Court of Appeal judges; Elizabeth Musoke, Geoffrey Kiryabiwre and Irene Mulyagonja dismissed an appeal in which Kasangaki, a bicycle dealer had sought to overturn a lower court judgment that directed him…
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