Opinion: Stop The Urban Excitement! It’s Uganda Vs Defaulter Rugiirwa Not Sudhir & Rajiv

While crying to Sudhir for a recommendation to secure the loan, Rugiirwa was promising heaven and earth and even presented his Mercedes-Benz S Class with private plates RUGIIRWA as security vowing that he would settle the loan in the agreed time, but guess what! after pocketing the Ugx 60m, Rugiirwa turned into a ‘crying baby’ with excuses that because of COVID-19, he was unable to clear the loan in the agreed time. In fact it is alleged that during this time, he started playing hide-and-seek games. Now, a financial company can only stay afloat when it’s generating profits, it can’t prosper on a client’s babyish excuses. Therefore, Prime Finance Ltd had to take action to recover its money.

It’s against this background that on January 26, 2021, the buoyant Rugiirwa ended up in Kitalya Maximum Prison. Later, he was released on bail but since then he has been battling charges of obtaining money by false pretence at Buganda Road Court, a case that the court finally closed recently in favour of the ‘defaulter’. However court didn’t give any costs to either parties as the matter was criminal not civil.

Confusing The Company & The Directors

Now, due to the above court ruling, Rugiirwa and his sister Angella out of urban excitement have since hijacked social media with all sorts of toxic propaganda attacking the directors of the company, Dr Sudhir & Rajiv Ruparelia, even when the duo is not appearing anywhere in this case.

The court documents have it clear in bold letters that it’s Uganda Vs Rugiirwa Katatumba, in fact here the company is not even mentioned either.

According to the laws of Uganda, specifically the Companies Act, 2012 (Act No. 1 of 2012), a company is considered a separate legal entity from its shareholders or promoters, meaning it has its own legal identity and can own property, enter into contracts, and be liable for its own debts independently of its members. Therefore, it’s a shame for the Katatumba’s to go on social media attacking the innocent directors.

Friendship In Turmoil

In a social media video clip recorded by Angella and Rugiirwa, makes it clear that he got the loan at the mercy of Sudhir whom he refers to as a ‘family friend’. Had it not been for Sudhir’s big heart, maybe the grassing Rugiirwa then would have slept on an empty stomach. However, the question is if someone is your friend and helps you get a loan, do you default it for his company to collapse, or you return the money in time to keep his company running? Of course, no businessman will stay close to you with such ruthless behaviours, no businessman will shield himself with a ‘parasitic or ungrateful friend’.

Below Is Katatumbas Village

@angellakatatumba

Rugiirwa Katatumba defeats Sudhir in court and sues for 5 Billion UGX for Malicious Prosecution. Mr. Rugiirwa Katatumba son to former Honorary Counsel of Pakistan, H.E Prof. Boney Mwebesa Katatumba and brother to Angella Katatumba was arrested on charges of “obtaining credit by false pretence” from Prime Finance Ltd, a company owned by Mr. Sudhir and Rajiv Ruperlia. Rugiirwa was even sent to Kitalya Prison over the so-called charges and has been facing these trumped up criminal charges they opened against him at Buganda Road Court for close to four years. On July 24th 2024 in the presence of Senior State Attorney Shiprah Nidoi and Counsel Julius Turinawe counsel for the accused person Mr. Rugiirwa Katatumba, the Magistrate Her Worship Jalia Bassajjabalaba ruled heavily in Rugiirwa Katatumba’s favour after a spirited legal fight by his said lawyer and made the following orders; 1. Aquiting Rugiirwa Katatumba of all the criminal charges brought against him. 2. Dismissing the Ruparelia’s case and, 3. Ordering Ruparelia’s Prime Finance company to IMMEDIATELY release Rugiirwa’s Mercedes Benz privately plated; “RUGIIRWA” black in colour that they were unlawfully detaining as security for the loan. (Attached is her Court Order.) Background. In 2019 Prime Finance Ltd loaned Rugiirwa 60 million shillings towards the construction of his building; Katatumba Village on Ggaba Road. Mr. Rugiirwa Katatumba had given the logbook of his Mercedes-Benz S Class with private plates RUGIIRWA which the Ruparelia’s accepted as security to cover his loan plus interest. Unfortunately, due to a slew of COVID issues worldwide, Rugiirwa delayed to pay his loan but wasn’t worried because, he knew he would definitely pay, late, but pay and most importantly, that, the Ruparelia’s were good friends who would understand or so he thought. Shockingly, on January 26th 2021 when Mr. Rugiirwa Katatumba had paid part of the loan, he found himself arrested and sent to Kitalya Prison for a couple of days, with a criminal case at Nakawa court and later at Buganda Road Court to answer. Regardless of the Ruperlia’s complete betrayal, Rugiirwa Katatumba cleared the entire 60M loan with Prime Finance, even as the case was being heard, of which Rugiirwa has now won. Now Mr. Rugiirwa Katatumba through his lawyer Counsel Julius Turinawe of Turinawe and Kamba Advocates is suing the State and the Ruparelia’s for 5 Billion Uganda Shillings for Malicious Prosecution.

♬ original sound – ANGELLA KATATUMBA 💎

Here Are 5 Indisputable Facts Rugiirwa’s Vidio Clip Reveals

1- His video clip confirms that indeed he borrowed Shs 60m from his friend’s company and failed to pay in the agreed period, which caused his arrest. So he’s a bad debtor that it may be hard in future any other borrower to trust him. If you had honored your word all that wouldn’t have happened. The clip says “you later paid” after the arrest (you could have already paid some instalments before the arrest, but time agreed had elapsed). So there’s no contention on whether the company wrongfully lodged a case against you, it was the aggrieved party.

How they arrested you and detained you is for the state to answer. The company was not wrong to lodge a complaint of failure to pay its due debts. If the state later on decided to ‘wrongfully’ imprison you, it will answer,but their complaint that you borrowed and failed to pay is in affirmation,by yourself.

2- In the ruling there’s no order that any party should pay the other shs 5B, so it’s not an express order of court. You’re simply making a prayer by applying for court costs, which court didn’t expressly give. So the news of “APPLYING” shouldn’t be as exciting as the news when court grants your prayers.

3- Finally, on the issue of shs 5B 🤣. When we were young we would play with dolly and count them as our children. Some times we would even count cars by passing us as we walked to school as ours, we go counting and even quarreling against each other if your fellow child tried to claim ‘your type of car’ as his 🤣. Only to grow up and realize we both had no cars in the real meaning of the word 🤣🤣.

4-It’s very easy to apply to court for costs and quote shs 5B, even from a bystander and then spread that to the gullible Media to make news. But the real news should wait until court agrees with you, that indeed you deserve it, especially from a friend whose primary objective was to borrow you money to boost your business, not his, and now, from his business you want Shs 5B to further ‘boost’ your business. That would be a judge and a Half. 🤣🤣 I will break that news first, I guess 🙏🙏. Brotherhood means purity both from the inside and outside 🙏🙏🙏

5- When you say the company shouldn’t have taken action since you gave them your personalized car as security; First, you agree in your own clip that they were not buying your car, but rather you were putting that car as assurance that you would pay their money back. That company doesn’t buy and sell cars, but rather they lend money. They’re not in the car business, so they were not interested in your car, they wanted their money back, which you didn’t bring in the agreed time. So reporting you to authorities so they can have their money paid and your car returned to you was absolutely lawful.

In fact your argument suggests that you intended to sell to them your car by force or stealthily, by pretending you were borrowing money from them yet you had your undisclosed intentions of not reclaiming it.