Ssemugabi borrowed Shs 400 million to expand his school in Kisugu. He defaulted. Cairo Bank sold it to Byarugaba
The High Court has ordered the eviction of two school owners from a property in Kisugu, Kampala, after they defaulted on a bank loan. The decision, made by Justice Susan Odongo grants Cairo Bank Uganda possession of the land, which was used as security for the debt. The case stems from a loan agreement in…