Tag Archives: Sh6Bn

CORNERED! UDB Moves to Grab Soroti Bizman’s Strikers Hotel Over Sh6Bn Loan Scandal!

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*Owner Already Entangled in Stanbic Bank Fraud Case Involving Illegal Property Sale The heat is turning up for Soroti businessman Emmanuel Abunyang, owner of Strikers Hotels and Clubs Limited, after the Uganda Development Bank (UDB) issued a Notice of Default demanding the repayment of over Shs1.57 billion in overdue loan arrears — or risk losing his property. A leaked document …

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