Peter Kamya- the troubled former Simbamanyo House owner, in more trouble as court, sentences him to pay over UGX2.9 bn over a messed-up land sale Peter Kamya who has recently lost three court cases related to his bid to reposses two properties foreclosed by Equity Bank is further trouble following the High Court’s order that he refunds with interest money he received for land that he sold but never transferred.
Peter Kamya and his wife Margaret gesture at their Mutungo-based Afrique-Suites during the good times.
Hon. Justice David Wangutusi of the High Court, Commercial Division has sentenced troubled businessman, Architect Peter Kamya to refund UGX1.3 billion that he received for selling land that he failed to transfer to the buyers.
Court also ordered him to refund the money with a 25% interest per annum since October 2016- an additional UGX1.6 billion!
Court has also awarded Bahamas Limited
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