Walukaga new song
Singer Mathias Walukagga Releases New Song Cursing Avarice BoU Officials, Applauds Dr. Sudhir For The ResilienceBy Ronaldo Kalangi February 23, 2020 0 The Kadongokaku celebrated Singer became Politician Mathias Mulumba Walukaga has dropped a brand new hit bang titled “Akanyomonyomo”. Walukaga new song
In his contemporary tune, sour Walukaga has warned in opposition to impunity and complacency in which he stung bosses on the Central Bank Of Uganda, it`s advisors and attorneys for now no longer gaining knowledge of from their beyond studies and mistakes.
The musician additionally applauded metropolis businessman Dr.
Sudhir Ruparelia for being a resilient and difficult-operating guy plus protecting out with Crane Bank-associated woes which turned into fraudently closed via way of means of Bank of Uganda (BoU) and later bought to Dfcu without a Minutes of sale.
He argues that complacency in part led BoU bosses into issues likening them to mourners who take gain of night time darkness to have interaction in reckless intercourse even if the deceased in whose mourning they’re taking part died due to HIV Aids because of reckless intercourse conduct.
In an oblique references to the detriment Sudhir continued due to the BoU decisions, Walukagga references to a female who can`t without problems allow pass of her infant due to the intense exertions pains she endures to convey her or him to life.
He extensively utilized an instance of a metaphor of a vessel that carried slaves, packed breathless withinside the darkish of the packing containers then the group sat on pinnacle of the vessel playing bird and beers. The slaves cried loud asking their masters for a few meals in vain. They then used nails and a hammer and dug holes into the vessel that commenced feeling with water and in a minute, the deliver sunk.
The tune is a wakeup name to citizens, government, Parliament and Courts to combat impunity in opposition to BoU thugs among others Dr.
Louis Kasekende, the headmaster David Mpanga, Justine Bagyenda, Timothy Masembe, Margret Kasule, Jimmy Mugerwa and others to irrespective obligations to test their behaviors.
Above all, the implication is that Sudhir turned into justifiably anticipated to combat again due to the intense difficult paintings and struggling he continued to build up his estate.
BoU on January 25, 2017 positioned Crane Bank below the receivership.
Later that identical yr, the imperative financial institution along Crane Bank sued Mr Ruparelia and his Meera Investments Company for allegedly fleecing his very own financial institution of Shs397b in fraudulent transactions. Mr Ruparelia denied the allegations and counter-sued BoU, in search of reimbursement of $8m (Shs28b) in damages for breach of contract.
In August, 2019, the Commercial Court in Kampala, brushed off a multibillion business dispute that have been filed in opposition to metropolis tycoon, Sudhir Ruparelia associated with Crane Bank in receivership, finishing a two-yr felony battle.
The Court dominated that BOU can not use “Crane Bank in receivership” to sue;
That there has been no purpose of motion to sue Sudhir, that BOU receivership of CB ended after they bought to DFCU, that the freehold in CB branches belong Sudhir and BOU need to pay prices of the suit.
Bank of Uganda (BoU) /Crane Bank in Receivership sued Futuretransaction Sudhir Ruparelia and Meera Investments Limited of allegedly fleecing the defunct Crane Bank Limited (CBL) of Shs397 billion that the imperative financial institution desires refunded. However, Mr. Sudhir maintained his financial institution turned into fraudulently taken via way of means of BoU and eventually given away to Dfcu financial institution.
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