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redpepper.co.ug·1 min read·medium

UPHL MESS EXPOSED! Shs2.19BN Tax Nightmare, Shs4BN Bad Debt, Prime Kenya Land Wasted as MD Wilbert Mugume Faces Tough Questions at Gov’t Property Empire Management Firm

UPHL MESS EXPOSED! Shs2.19BN Tax Nightmare, Shs4BN Bad Debt, Prime Kenya Land Wasted as MD Wilbert Mugume Faces Tough Questions at Gov’t Property Empire Management Firm
AI Summary

Uganda Property Holdings Limited (UPHL) is facing severe scrutiny over allegations of financial mismanagement, including significant tax arrears and bad debts. The government-owned firm is currently under investigation regarding the handling of its extensive property portfolio.

Uganda Property Holdings Limited (UPHL), the government company entrusted with managing a multi-billion-shilling property empire stretching from Uganda to Kenya and London, has been caught in a web of financial and operational failures after the Audi... [9022 chars]

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