The Uganda-based Dunamiscoins Resources Limited has coned more than 5, 000 people who have invested their money with the company. All the victims have now petitioned to refund their money to the Ugandan Parliament, as the firm is licensed by the government.
Initially, when the fraud was identified earlier last month, more than 10, 000 people were said to have lost around USD2.7 million, where they were promised 40% returns on cash investment.
It is notable that only two of the accused directors were present during the trial in early January and one more director, Susan Awon is still not seen. Asiimwe has expressed his dissatisfaction on this matter and has demanded the Ugandan authorities to produce the third director and refund the victim’s money.
At the moment, the two directors, Samson Lwanga and Mary Nabunya are remanded in custody till the next hearing tomorrow, 22 January 2020.
What's Your Reaction?
Known as Loki (the good one though), is someone who loves the rain & coffee combo and reaches out for movie at her leisure. She is the one you heard on radio for one of her articles.