Broke Former Tycoon Emmanuel Lwasa Pleads To President Museveni For Help

Struggling Masaka tycoon, Emmanuel Lwasa has come out to plead to President Museveni to help him with financial aid to clear his debts. The once flashy man is currently drowning in debts and some of his properties are on the brink of being taken by banks where he contracted loans.

Speaking to a local TV station, the Masaka-based businessman appealed to President Museveni for help to clear everything. He said that the President in fact offered a helping hand to him when he had visited Masaka.

However, the person who was put in charge of helping Lwasa was changed in the cabinet reshuffle. Since then, he doesn’t pick up when the tycoon calls him. He’s now appealed to the President to follow up on the issue and help him from collapse.

The tycoon is currently bedridden suffering from pressure.

“I’m appealing to President Museveni to follow up on my issue. He gave me the money to clear my loans. However, the person who was put in charge of my issue was changed. And since then, he hasn’t picked up my phone calls. I’m now stressed and suffering from high blood pressure,” he said.

When they asked if he regrets anything he did that might have driven him to where he is, the now theoretically wealthy man said that he doesn’t think so.

It would have been contracting the loans but he did so after finishing his building. The loans he took therefore were to clear off the debts incurred in constructing this building.

It should be recalled that Lwasa lived a rather large lifestyle in his heyday. He drove some of the most luxurious cars.

When it came to women, he changed them like skirts and dated some of the finest in the land. They even included celebrities such as Desire Luzinda, Diana Nabatanzi, and Zahara Toto among others.