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March 11, 2022 The Hon Minister of Finance, Planning and Economic Development Dear Colleague, RE: THE DEPARTED ASIANS EXPROPRIATE ASSETS As a result of the debate that has taken place in the recent past, both within Government and among others, regarding the manner in which the captioned assets have been managed by the Custodian Board, and considering the numerous cases filed against Government in relation to the same matter, I have been Directed by H.E to render this Opinion to the Government. As you are aware, in August 2016, the Auditor General in Exercise of his Statutory Mandate, conducted two…
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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 24, Kampala road. The Departed Asians Properties Custodian Board (DAPCB) had in July 2019 told the probe sub-committee chaired by Makindye East MP Ibrahim Kasozi that tycoon Sudhir’s property was never reposed by the original proprietors before selling it to him. But, in its report to Parliament that is set to be presented and adopted today, the probe sub-committee listed the country’s money magnet as the rightful owner of the…
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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 property in 1992 from the East African Aluminium Works Company which had owned it since 1953. But according to a select committee that is investigating the controversial repossession of Departed Asian properties in Uganda, the transfer of ownership for the said land is dubious. The conclusion was based on the fact that the Departed Asians Properties Custodian Board, to whom the said property was entrusted, is still in possession of…
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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, held that there is no law that allows Parliament or any of its appointed Committees with the power of oversight role to inquire into decisions of courts of law. “No Constitutional power resides in Parliament or Committees to call to itself for review or scrutiny the decisions of courts of law. To do so would be for Parliament to constitute itself into the appellate body over decisions of courts and…
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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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