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Kampala District Land Board Boss David Balondemu Rearrested For Defrauding Shs2.2billion From American Company

admin by admin
2023/11/20
in Big Story
Reading Time: 2 mins read
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Kampala District Land Board Boss David Balondemu Rearrested For Defrauding Shs2.2billion From American Company

David Balondemu and Ibona Joseph in the dock

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The State House Anti-Corruption Unit in coordination with the Criminal Investigations department have again arrested and re-arraigned David Balondemu, the Kampala District Land Board Chairperson and Ibona Joseph before Buganda Road Chief Magistrates Court on charges of Obtaining Money by False Pretence and Conspiracy to Commit a Felony.

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The accused and others still at large while operating under a law firm M/S Bloom Advocates obtained over UGX 2.2B from an American company KG Unlimited LLC, by falsely pretending that they were going to award it a contract of supplying agricultural drone sprayers and fertilizers from Ministry of Agriculture whereas not.

 They have been remanded until 22/11/2023.

David Balondemu

It is worth noting that on November 6, 2023, David Balondemu, along with his co-accused Geoffrey Mkwe were granted bail.

They are jointly accused with businessmen James Jeff Mugisha and Godfrey Mabirizi of obtaining money by false pretence from a Korean investor and conspiracy to defraud.

According to the state prosecution, the accused persons, along with others still at large, obtained US Dollars 600,000 between March and November 2021 at the offices of Balondemu and Company Advocates along Parliamentary Avenue in Kampala by falsely pretending to sell 53 kilograms of Gold to a Korean investor, Hyun UK Kim.

Also Read: Kampala Land Board Boss Who Is Accused Of Defrauding Korean Investor Granted Bail

Tags: David BalondemuFeaturedUganda News
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