Stanbic Bank
Stanbic Bank
Stanbic Bank
Stanbic Bank
17.9 C
Kampala
Stanbic Bank
Stanbic Bank
Stanbic Bank
Stanbic Bank

UIA warns of illegal land titles at Namanve industrial park

Must read

 

Uganda investment authority (UIA) has warned people over illegal land titles in Kampala Industrial and Business Park (KIBP), also referred to as Kampala Business and Industrial Park in Namanve.

The park was developed by (UIA) as a central place where investors would be availed land for factories, warehouses, distribution centers, and other business offices.

Following various reports that individuals are selling plots in the park, UIA has come out to warn all individuals claiming to have plots saying that the land is vested in the name of Uganda Investment Authority not individuals.

The authority said illegal titles that include but are not limited to BLOCK 113, PLOTS 902, 955, 857, 858, 860, 861, 862, 866, 867, 868, 1084, 1287, 1288, 1289, 1422, 1480, 1488, 1489, 1490, 1494, 1495, 1496, 1604, 1611, 1612, 1613 and 1614 are not for individual development or sell.

UIA noted that Freehold register volume 379 folio 11 plot 964 and 965 Kyagwe block 111 and plots 59, 60, 61 and 62 Kyagwe block 113, Namanve, Mukono district and freehold register volume 379 folio 10 plots 1842, 1843, 2470, 2471 and 2472 block 236, Namanve, Wakiso district belongs to government.

“Any persons interfering with the said parcels of land as aforesaid stands to lose his/her /their money as Uganda Investment Authority will neither honor agreements, contracts or arrangements entered into with person purporting to have authority to transact the parcels of land whether in the manner above described or in any other manner whatsoever nor will it re-reimburse any monies paid in respect of such transactions.” Reads in part of the statement.

The authority warned that any purported allotment, buying, selling, letting, leasing, charging, subdivision, construction upon or dealings in connection with the said parcels of land in any other manner howsoever without Uganda Investment Authority consent is unlawful, illegal, fraudulent, and amounts to trespass.

“UIA noted that it is gross abuse of office for any officer in the Land Registration Department to entertain or register any application for any transaction over the illegally created Titles or to purport to create fresh Titles on top of the UIA Title.” The authority said

Further warned that any person interfering as aforesaid with the parcels of land under reference risk both criminal and civil action by this Authority.

 

- Advertisement -

More articles

3 COMMENTS

- Advertisement -

Latest article

- Advertisement -