Foreigner grilled before the Land Probe Commission for acquiring Customary Land fraudulently
A foreign Investor has been grilled before the Land Probe Commission, over fraudulent acquisition of 19,000 acres of customary land at Bunambutye in Bulambuli District.
Kumar Ramesh an Indian of Kenyan Origin, is the Operations Manager of Nile Plywood and Amore Investments a sister Company to Hoima Sugar.
Evidence before the Commission shows that Amore Investiments Ltd acquired the land in question under dubious circumstances for a 99 year old lease without paying any premium.
Further evidence shows that the procurement of the said land was not advertised as required by law, and over 950 million shillings was corruptly paid out to none owners including State Attorney Wotsomu Simon Peter ,Sironko Chief Administrative Officer , MP Mudimi Wamakuyu, Town clerk Norbert Turyahikayo and his Deputy Katuli Woniaye.
Kumar told the Commission Chaired by Justice Catherine Bamugemereire that he bought the said land in 2007 for Agro forestry and farming; yet the Foreign Investment Act forbids none Ugandans from carrying out such activities.
The Commission also heard that Kumar’s Company- Amore Investment Ltd has since mortgaged the said land at Diamond Trust Bank in Kenya and secured a loan of 3 million USDollars, something that puts the actual owners at the risk of losing their land.
Its against this background that Justice Bamugemereire ordered Kumar Ramesh to report back to the Commission on Monday28th, with all the necessary documents pertaining to all his Companies in Uganda so that the Commission can ascertain who exactly its dealing with in this case.