Wednesday, November 5, 2025
NEWSDAY
  • News
  • Politics
  • Lifestyle
  • World
  • In pictures
  • Luganda
  • In History
  • Sports
  • Perspective
  • Business
No Result
View All Result
  • News
  • Politics
  • Lifestyle
  • World
  • In pictures
  • Luganda
  • In History
  • Sports
  • Perspective
  • Business
No Result
View All Result
NEWSDAY
No Result
View All Result
Home News

BUSINESSMAN ARRESTED FOR USING NEIGHBOR’S HOUSE TO SECURE A LOAN, CHARGED FOR FRAUD & FORGERY

Fraud

by Newsday Author
November 5, 2025
in News
112 8
3k
VIEWS

By Angel Lubowa

Nsangi

When he bought a plot next a storey building ,he hatched a plan to use fraud and make the building his so he could always secure loans using it as a collateral.

Related articles

LUGAZI MUNICIPAL MEDICAL OFFICER CHARGED OVER SELLING GOV’T JOBS

LUGAZI MUNICIPAL MEDICAL OFFICER CHARGED OVER SELLING GOV’T JOBS

November 4, 2025
SH-ACU ARRAIGNS ANOTHER SUSPECT IN BUNGA HOUSE FRAUD CASE

SH-ACU ARRAIGNS ANOTHER SUSPECT IN BUNGA HOUSE FRAUD CASE

November 4, 2025

Years later the secrets have been escavated by the State House Anti-Corruption Unit
in collaboration with the Uganda Police and the DPPs office.

The alleged offender, a business man,Kamya Gordon Mustafa of Nsangi along Masaka road in Wakiso district was Wednesday 4th November, 2025 arraigned before Nsangi Chief Magistrate’s Court on charges of obtaining credit by false pretences and fraudulently creating a certificate of title.

It is alleged that Mustafa fraudulently acquired a land title belonging to Mr. Higenyi Jackson and used the property—on which stands a storied building—as collateral to secure a loan from Post Bank.

Investigations revealed that Mr. Higenyi purchased the land in Kitemu in 2005 and constructed a storied building known as “Nebanda House,” which he rented out to tenants.

However in 2019, Mustafa purchased an adjacent plot and obtained the parent title from the registered owner, with instructions to subdivide and create a title for only the portion he had lawfully acquired.

But instead of processing his portion, Mustafa allegedly transferred the entire parcel of land, including Mr. Higenyi’s section, into his name and subdivided it into three new plots.

In 2023, he reportedly secured a UGX 60 million loan using the same property as collateral. To support his loan application, he is said to have submitted photographs of Nebanda House, including one showing him standing near the building, falsely claiming ownership.

The matter has been adjourned to the 2nd of December, 2025.


Do you want to share a story, comment or opinion regarding this story or others, Email us at newsdayuganda@gmail.com Tel/WhatsApp........0726054858
Do you want to share a story, comment or opinion regarding this story or others, Email us on info@newsday.co.ug or ,Tel/WhatsApp........0702451828

Categories

  • Business
  • Entertainment
  • In History
  • In Luganda
  • in pictures
  • Lifestyle
  • News
  • Perspective
  • Politics
  • Sport
  • World

Recent Posts

  • BUSINESSMAN ARRESTED FOR USING NEIGHBOR’S HOUSE TO SECURE A LOAN, CHARGED FOR FRAUD & FORGERY
  • LUGAZI MUNICIPAL MEDICAL OFFICER CHARGED OVER SELLING GOV’T JOBS

© 2021 NEWSDAY.

No Result
View All Result
  • News
  • Politics
  • Lifestyle
  • World
  • In pictures
  • Luganda
  • In History
  • Sports
  • Perspective
  • Business

© 2021 NEWSDAY.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In