Stanbic Bank
Stanbic Bank
Stanbic Bank
Stanbic Bank
18.6 C
Kampala
Stanbic Bank
Stanbic Bank
Stanbic Bank
Stanbic Bank

Top BoU official buys multi-million apartments in Bugolobi

Must read

A senior Bank of Uganda (BoU) official with a penchant for investing in the real estate sector has reportedly bought two multi-million flats in the leafy Bugolobi suburb.

According to sources, the said top official has a number of houses spread across the city, in posh areas like Mbuya and Ntinda.

Further, the sources said the BoU official carried out the transaction by proxy, reportedly through the son’s account held with a city bank that recently expanded its portfolio by acquiring another bank.

After the initial bank transaction, the money was then wired to an account of a wealthy city lawyer, who also has interest in the real estate sector, to buy the flats.

- Advertisement -

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisement -

Latest article

- Advertisement -