Monday, October 13, 2025
  • About
  • Advertise
  • Careers
  • Contact
Insight Post Uganda
  • Home
  • NewsHot
    • Health
    • Politics
    • Religion
    • Lifestyle
    • World News
    • Tourism
    • Environment
    • Agriculture
  • Business
    Leaders launching Mpatta-Bule Road

    Mukono Bets on New Mpatta-Buule Road to Unlock Lake Victoria’s Economic Corridor

    UEDCL technicians install a new transformer in Kalagi as former minister Ronald Kibuule looks on.

    Kibuule Intervenes to End Power Blackout in Kalagi, Traders Hail Relief After Weeks of Losses

    Faith Kabaguma, Head of Production at Texfad displaying hair fibers produced out of banana fibres.

    UNBS Moves to Regulate Banana Fiber Hair Industry

  • Sports
    SFC Crowned Champions of 17th CDF Cup in Masaka City

    SFC Crowned Champions of 17th CDF Cup in Masaka City

    Wazalendo SACCO officials, UPDF participants, organisers, and hosts pose for a group photo after the handover of sports kits in Masaka.

    Wazalendo SACCO Donates Sports Kits to 20 UPDF Teams in 2025 CDF Cup

    Members of the CDF Cup Organizing Committee addressing a press conference in Masaka.

    Masaka City to Host 17th CDF Cup Featuring 20 UPDF Teams

  • Education
    Panel discussion during the UCU Media Meet and Greet on forging partnerships between academia and the media.

    New UCU-Media Partnership Seeks to Bring Academic Research to the People

    St. Francis School of Health Sciences Marks Feast of St. Francis of Assisi with Call to Service

    St. Francis School of Health Sciences Marks Feast of St. Francis of Assisi with Call to Service

  • In Luganda
    Counsel George Musisi ng'alaga emu ku kaadi mu lukungana lw'amawulire

    Munnamateeka Wa NUP Atambula Nju Ku Nju Ng’ Asaggula Obuwagizi  

    Ettaka Lyabatuuze Omutwalo Gumu Mubizinga Bye Bussi Liri Mulusuubo

    Ettaka Lyabatuuze Omutwalo Gumu Mubizinga Bye Bussi Liri Mulusuubo

    Omusumba Lwandasa ng'afukirira omuti

    Abazadde Basabiddwa Okwagazisa Abaana Okukuuma Obutonde Bwensi

  • In Photos
    Ronald Kibuule at Mukono recently.

    Kibuule Poised for Return as Museveni Signals Endorsement in Mukono North

    Katikiro presiding over the opening of the renovated official residence of the Buddu County Chief at Ssaza grounds in Masaka City on Tuesday. Pictures by Robert Nsubuga.

    Pictorial:  Katikiro Mayiga Slams Masaka People Over Poor Hygiene

    Ismael-Kifudde-the-Mukono-Police-Division-Officer-in-Charge-directing-Nambooze-not-to-use-the-route-heading-to-town-center

    Moments of Excessive Force Against Betty Nambooze in Recent General Elections

  • Profiles
    Brig. Gen. Kiyengo (center) posing for the photo with the members of Nakifuma Rotary Club who promised to attend his book launch.

    CUTTING THROUGH HELL: UPDF Medic Chronicles Uganda’s Silent War in Somalia Through Powerful Memoir

    L-R MP Mawogola South (Sembabule)-Goreth Namugga, Councillor Amiri Kiggundu, COTFONE Coordinator-Kayinga Yisito Muddu and Mr Xavier Ejoyi, Country Director ActionAid International Uganda at the award event

    National Citizens’ Integrity Awards 2024: Unsung Heroes Celebrated

    Shaping Perceptions: Patricia Namiwanda, a Blind Advocate Of Change

    Shaping Perceptions: Patricia Namiwanda, a Blind Advocate Of Change

  • Op-Ed
    • Editorial
    • Opinion
  • Login
No Result
View All Result
Insight Post Uganda
Home News

Businessman Mukesh Remanded Over Alleged Fraud Of More Than Ugx 221 Million

Insight Post Uganda by Insight Post Uganda
May 16, 2024
in News
Reading Time: 4 mins read
A A
0
Mukesh Shukla

Mukesh Shukla

The Nakawa Chief Magistrates Court has remanded businessman cum politician Mukesh Shukla to Luzira Prison on charges of conspiracy to defraud a Pakistan National’s company of more than 221.8 million shillings.

Mukesh was on Wednesday arraigned before Court presided over by Chief Magistrate Elias Kakooza and charged with obtaining money by false pretense  and conspiracy to defraud.

The Court has heard that Mukesh Shukla who is jointly charged with his company Shumuk Investments Limited and his employees Judith Ayebare the Manager and Kadikar Dramdip Anilkumar the Accountant who have not yet been arrested, with intent to defraud obtained 27,950 Dollars (105 million shillings) and 116,635,000 shillings from Alvi Auto Village Limited pretending that they were leasing/renting two plots of land to the said company whereas not.

According to the evidence before Court, the said crime was committed between the months of November 2020 and November 2021 between Banda Industrial Area and Nakawa Industrial Area  Kampala District.

Mukesh who was arrested earlier in the day and rushed to court immediately has denied the charges and through his lawyer Patrick Bwango applied for bail.

Related posts

Joyce Lutaaya and Major Mark Wanyama, they are accused of double dealing.

Land Wrangle Drags On as Court Orders Further Service in Twinamasiko vs. Maj. Wanyama Case

July 5, 2025
Joyce Lutaaya and Major Mark Wanyama, they are accused of double dealing.

Failed Arbitration: Court Sets Date for Land Dispute Case Between UPDF Major, Businessman

April 26, 2025

His lawyer said Mukesh is an outstanding member of of the community having stood as former Nakawa West Parliamentary Elections.


He said the 61-year old Mukesh is a family man with a wife and children, has a permanent place of abode and has been  LC2 chairman for more than  20 years.  

Bwango said the offence is bailable and doesn’t involve violence and that he offence is about money that was paid to his company and not directly to him.

He noted that Mukesh is willing to reconcile with the complaint and seeks an opportunity to do so before a mediator and  is willing to deposit 20 million shillings for a start as a gesture of good faith and a sign of willingness to reconcile.

Court has heard that Mukesh had three substantial sureties but the Court didn’t allow him to proceed to present them after Prosecution ‘s Kuluthum Mariam said  she had not had an opportunity to peruse the  voluminous file and other suspects are still at large .

“I can’t inform court how far are investigations.  We pray for an adjournment. Your Worship, I have been in court since morning, I am sick, am tired I haven’t eaten also,” said the Prosecutor.

” There is a civil suit pending before the commercial court . We pray he is granted bail pending the outcome of the reconciliation process,” said Bwango.

The Chief Magistrate allowed the Prosecution’s request and remanded Mukesh until May 17th 2024. The evidence before Court shows that the employees of Mukesh’s company Shumuk Investments Limited Ayebare and Dharam walked into the office of Alvi Auto Village Limited in October 2020 with a Business proposal .

That the Director of Alvi Auto Village Limited Shahid Mahmood Alvi was informed that Mukesh and his company were the owners of plots 148/253 located at Mukabya Road (opposite Spear Motors) which they were willing to offer to Alvi Auto Village Limited to rent/lease for purposes of creating a new car bonded warehouse. 

Records show that it was agreed by the parties to the November 1st 2020  contract that the tenancy would only commence when Mukesh completed construction works on the said plots such as paving the entire land for car park and securing a licence to operate a new  car bond ware house.  

As a result, that Mukesh ‘s company Shumuk Investments Limited received 195 million shillings being rental fees paid in advance by Alvi Auto Village Limited. However that nearly almost a year later without any constructions being done on the land , out of frustration , Alvi wrote to Mukesh asking for a refund but he was ignored. 

That on October 30th 2021 after several calls and meetings, Mukesh allegedly convinced Alvi to execute a new tenancy agreement for plot 1509/232 as a substitute land for the first land at Mukabya Road.

This was after Alvi discovered that the land had disputed ownership ,as per the evidence before Court.

Evidence also shows that Mukesh and his company asked the complainant to top up 50 million shillings such that he is given the land in Banda instead and failure to develop it, they would refund all his monies.

Records show that Alvi paid 30 million shillings in advance but by November 26th 2021, they had not yet paved the land upto now.

And as a result that on December 14th 2021, Mukesh wrote back to Alvi in what he described as a vague letter asking him to make a further deposit of 20 million shillings if he wanted the substituted land in Banda .

Records show that Alvi was frustrated and decided to lodge a case at CID Headquarters which summoned both parties on May 5th 2022 before his lawyers could issue an intention to sue for recovery of more than 225 million shillings.

There are now both civil and criminal proceedings against Mukesh and his company in the courts of law. Alvi has told Our Reporter that Mukesh is trying to manipulate the court by saying that he wants to opt for reconciliation and mediation.

Whereas Mukesh is presumed to be innocent on these charges, his image is already tainted before the Courts law .

This is after Mukesh in October 2022 was convicted on six counts of uttering a false document in form of a letter for the official handover of Hotel Diplomat Muyenga , purporting the same to have been signed by the late Bonny Katatumba the former Consular of Uganda to Pakistan and his other family members. 

For this specific conviction, Mukesh was sentenced to pay a fine of 2 million shillings fine on each count or else go to prison for two years. He opted for a fine and had regained his freedom until today.

Tags: Major Mark WanyamaShumuk Investment
ShareTweetPin
Previous Post

Kisosonkole: Kabaka’s Grandfather Who Buried the Martyrs, Built First Church

Next Post

Women Call For Improved Access To Information, Climate Change Financing

Related Posts

UPDATE: Museveni Appoints Justice Aisha Naluzze Batala as New IGG
News

UPDATE: Museveni Appoints Justice Aisha Naluzze Batala as New IGG

October 7, 2025
Gen. Katumba Urges Government Departments to Lead in Insuring Assets
News

Government Suspends Automated Express Penalty System Following Public Outcry

June 11, 2025
Physical Planner, Businessman Remanded to Luzira Prison Over Fraud
News

Physical Planner, Businessman Remanded to Luzira Prison Over Fraud

April 29, 2025
Major Kiggundu Murder: Prosecution Seeks to Proceed with Trial in Absence of Fugitive Suspect
News

Major Kiggundu Murder: Prosecution Seeks to Proceed with Trial in Absence of Fugitive Suspect

April 28, 2025
Lady Justice Jane Okuo Kajuga
News

Justice Kajuga Appointed Acting Principal Judge

April 24, 2025
Chief Justice Calls On Magistrates To Resolve Disputes Beyond The Courtroom
News

Chief Justice Calls On Magistrates To Resolve Disputes Beyond The Courtroom

March 4, 2025
Next Post
River coast with a lot of scattered plastic bottles

Women Call For Improved Access To Information, Climate Change Financing

RECOMMENDED NEWS

A photo montage of Justice Duncan Gaswaga (L) and former LRA commander Thomas Kwoyelo alias Latoni (R).

Justice Gaswaga’s New Role Won’t Affect Kwoyelo’s Trial-ICD Registrar

1 year ago
Molly Katanga Denied Bail In Husband Murder Case

Molly Katanga Denied Bail In Husband Murder Case

2 years ago
Mobile Money Dealers, Banking Agents Face Mounting Attacks-Police Warns

Mobile Money Dealers, Banking Agents Face Mounting Attacks-Police Warns

2 years ago
Electoral Commission is Weak, Lacks Clear Command Structure-Justice Minister Mao

Electoral Commission is Weak, Lacks Clear Command Structure-Justice Minister Mao

7 months ago

FOLLOW US

Insight Post Uganda

We bring you the most balanced news professionally investigated by our news team. The Insight Post is Uganda’s News company regulated by the Uganda Communications Commission.

Follow us on social media:

Recent News

  • Service Delivery in Mukono Grinds to a Halt as Key District Committees Remain Dormant
  • George Fred Kagimu Declares Bid for Mukono Municipality MP Seat
  • Man Commits Suicide After Beheading Stepson in Domestic Violence Incident

Category

  • Agriculture
  • Business
  • Editorial
  • Education
  • Environment
  • Health
  • Lifestyle
  • Luganda
  • News
  • Opinion
  • Photos
  • Politics
  • Profiles
  • Religion
  • Runyankole
  • Security
  • Sports
  • Tourism
  • Uncategorized
  • World News

Recent News

Mukono LC5 Vice Chairperson, Muhumuza Asuman, Chairperson, Rev. Peter Bakaluba Mukasa and the CAO, Elizabeth Namanda.

Service Delivery in Mukono Grinds to a Halt as Key District Committees Remain Dormant

October 11, 2025
George Fred Kagimu Declares Bid for Mukono Municipality MP Seat

George Fred Kagimu Declares Bid for Mukono Municipality MP Seat

October 11, 2025
  • About
  • Advertise
  • Careers
  • Contact

© 2024 The Insight post Uganda - The Insight post uganda. Site Powered by Bookablehood Ltd.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
error: Content is protected !!
en_USEnglish
en_USEnglish
No Result
View All Result
  • Home
  • Politics
  • Business
  • Sports
  • Lifestyle
  • Tourism
  • Opinion

© 2024 The Insight post Uganda - The Insight post uganda. Site Powered by Bookablehood Ltd.