Despite issuing a warrant against city socialite jack Pemba by court, he has come to reveal that he won’t be able to pay the 1bn that kirumira demands him.
Check also: Court Orders The Arrest Of City Tycoon Jack Of Shs 1bn Debt
Last week an arrest warrant was issued by the commercial court with Godfrey Kirumira demanding that Jack pays back Shs1 billion that he loaned to him.
However, Pemba has come out to say he’s not willing to pay back the 1bn.
Jack says he borrowed $200,000 from Kirumira and gave him his three prized cars jointly valued at over Shs1.2 billion as security.
The cars included a Range Rover, a brand new 2017 Landcruiser ZX and a Hummer H3.
Pemba says the cars that he gave as security were supposed to be parked in safe custody .But, Kirumira drove his cars and also gave them to his children to drive.
Jack asked himself as to why his cars that were supposed to be kept as security were driven and not kept as per agreement.
Pemba says that Kirumira shouldn’t run to court to be paid back but rather let him (Kirumira) sell the cars instead of running to court.
Check also;
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- SK Mbuga To Be Released Out Of Prison Soon- Jack Reveals
- Tamale Mirundi Warned Whoever Is Funding Bryan White
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