Records indicate that more than 1,000 customers from around the country had deposited money ranging from one million to 800 million Shillings, upon being promised a 40 per cent return on investment. At the time of its closure, the company had collected an estimated 10 billion Shillings from the public.
The girls aged between 14 to 18 years were intercepted at Jomo Kenyatta International Airport in Nairobi, where they were due to board their next flight to the emirates. The girls believed to be from Napak district in Karamoja sub-region were subsequently handed over to Ugandan authorities in Busia.
The bridge that links Arua town to Terego and Lower Ayivu County was contracted to KG Adubango Construction Company at a cost of 340 million shillings with funding from Uganda Road Fund. The construction works were commissioned in March 2019 but suddenly stopped in August leaving the local residents stranded.
Gerrit Ribbink, the senior consultant entrepreneur told reporters on Wednesday that the fund targets sizeable projects that are able to create at least 250 jobs. Also, the company or organization applying must be able to fund 50 per cent of its total project and then the fund can take care of the reminder.