Rugiirwa Katatumba son to deceased City businessman Bonny Katatumba has been remanded to Kitalya prison. This comes over his failure to clear Shs120 million debt he acquired from Prime Finance Company.
Appearing before the Buganda Road Court Magistrate, Fidelis Otwawo on Wednesday, Rugiirwa was charged with obtaining money by false pretense. However, he denied the charges. The magistrate denied his bail application because he had allegedly jumped a police bond.
The prosecution contends that in September, October and November 2019, Katatumba at Prime Finance Company Limited located at Crane Chambers in Kampala, obtained credit which incurred a debt of over Shs120m from the Shs60m. He got the money in three installments from the credit facility pretending that he would pay the money with an interest.
Rugiirwa is a twin to struggling artiste, Angella Katatumba of the ‘Tonelabira’ fame. Angella was also recently in the media for giving an interview where she said she doesn’t know how to cook since her father had brought her up under the care of maids and servants. She also noted that she only knows how to make money but not doing house chores.
The Katatumba kids are known on the social scene having been born in the wealthy Katatumba family. The late family head Bonny owned high value real estate properties and also held diplomatic positions.
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