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Prominent Businessman Faces Legal Battle Over Failed Car Deal

Prominent Businessman Faces Legal Battle Over Failed Car Deal: Court To Decide Fate Of Shs300 Million Refund

In the bustling city of Kampala, a recent dispute has gripped the attention of the Commercial Court. Yassah Matovu Sseguya, a prominent businessman, finds himself entangled in a legal predicament following a failed car importation endeavor.

The case revolves around his alleged failure to refund a substantial sum of shs300 million to his fellow businessman, Hajji Mutaasa Kafeero.

According to court documents, the saga began on February 1, 2024, when Hajji Mutaasa entered into an agreement with Sseguya to purchase a sought-after 2023 model Range Rover.

The price tag for this luxurious vehicle amounted to a staggering shs900 million, payable in installments. While an initial deposit of shs300 million was made, the remaining balance of shs600 million was to be settled through 12 equal installments of shs50 million each.

However, an unexpected twist disrupted the smooth progression of the deal. It came to light that the vehicle supplied to Hajji Mutaasa was not the promised 2023 model but rather a 2022 version, a clear violation of the established agreement.

Consequently, he rejected the car, seeking a full refund for all the funds he had already disbursed to the importer, Yassah Matovu Sseguya.

Despite his plea for restitution, Hajji Mutaasa claims that Sseguya only refunded a meager sum of shs50 million, asserting that the initial deposit was non-refundable.

In response to these allegations, Hajji Mutaasa, through his legal representatives at Muwema and Company Advocates and Solicitors, filed an affidavit before the Commercial Court.

In this affidavit, he requests the court to carefully examine the sale and purchase agreement, ensuring that the Range Rover delivered by this prominent businessman aligns with the agreed-upon description.

Furthermore, he seeks a determination as to whether he is entitled to a refund of the substantial shs300 million initial deposit.

The Commercial Court has taken up the mantle of justice in this matter, summoning Yassah Matovu Sseguya to file a response and appear before the court on July 10, 2024, at 2pm. It is on this day that the court will pronounce its ruling, shedding light on the fate of the disputed refund.

In a clash of business interests and contractual obligations, the Commercial Court stands as the ultimate arbiter, tasked with untangling this complex web of financial transactions and determining the rightful course of action.

The outcome of this legal battle will undoubtedly impact the reputations and financial standing of both parties involved, while also setting a precedent for future business dealings within the Kampala business community.

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About lukwago J

Posted by LUKWAGO. J: He's a writer, editor, blogger, affiliate and a web developer, he loves thinking creatively and finding new ways to implement different programming ideas.

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