City businessman Wavamuno sued over 954 million debt

KAMPALA

The Commercial Court in Kampala has summoned city businessman Gordon Wavamuno to file his defense over claims that he has refused to pay over Shs 954 million as refund and compensation for the land he sold and refused to vacate.
The Commercial Court Deputy Registrar Thaddeus Opeseni ordered Mr Wavamuno to file his defence within 14 days else Justice David Wangutusi will fix the case for hearing without his defence.
The matter arose after Ms Sarah Kiyingi, a businesswoman in Kampala dragged the Mr Wavamuno to court after her efforts to recover the said money from him failed since 2011.

Ms Kiyingi (plaintiff)laims that Mr Wavamuno breached the terms of their sale agreement for the 335 acres land located in Kyaggwe.
Despite efforts by the plaintiff in a series of correspondences through her counsel and the defendant’s counsel to amicably settle the matter, she has not succeeded.
According to court documents seen by Daily Monitor, Ms Kiyingi further claims that she paid the agreed amount of Shs500 million to Mr Wavumuno in 13 installments for the said land.
“I had plans to invest in a Bio-fuel project with support and funding from the National Agricultural Research Organization (NARO) but to my disappointment Wavamuno has refused to hand it over,” reads part of Ms Kiyingi’s claim filed in in court.

As result of Mr Wavamuno’s actions, she claims that she suffered both special and general damages, as a result of being locked out of the said land and losses occasioned by her heavy investment in extractive technology for making of bio-fuel, the purpose for which the land was bought.
Consequently, Ms Kiyingi wants court to compel Mr Wavamuno to pay her Shs 954 million as refund for her purchase money and that she spent on buying expensive equipment for her failed project.

Utility
On December 15, 2011, both parties entered into a sale agreement of land comprised in Kyagwe at Shs500m payable with 36 months whereof Ms Kiyingi aanced 13 instalments.

jkigongo@ug.nationmedia.com

SOURCE: Daily Monitor

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