Court summons Banyenzaki over debts
The Commercial Court in Kampala has summoned the State minister for Economic Monitoring, Henry Banyenzaki for failing to clear a bank a loan of over Shs92 million.
According to records before court, in May 2011, Mr Banyenzaki took Shs200 million from Bank of Africa on agreement that he would pay back in instalments within four years.
Upon paying some amount, Mr Banyenzaki, who doubles as the Rubanda West County MP in Kabale District, declined to complete payment. This prompted Bank of Africa to petition court so that it can compel him to pay the balance with accrued 20 per cent interest.
Consequently, the deputy registrar Mr Thaddeus Opesen, has ordered Mr Banyenzaki to file his defence against the allegations within 15 days of service.