In a high-stakes financial escapade, Masaka-based entrepreneur, Emmanuel Lwasa, has captured the attention of Uganda's authorities for a debt worth a staggering Ugx 18 million. It appears this financial fiasco stems from advertising ventures on one of the nation's media outlets which he failed to pay back.
Despite a series of valiant attempts by the said media station to collect on the debt, Lwasa has proven to be a master of evasion, leaving them no choice but to take legal action against the elusive businessman.
Reports suggest that Lwasa is, without a doubt, a "flight risk," prompting authorities to initiate a full-scale pursuit to bring him to justice.
Lwasa's attorney has revealed that they left no legal stone unturned in their quest to serve the city tycoon. They've resorted to various means, including news bulletins, delivering notices to his office, and even engaging his social media platforms.
However, Lwasa, like a modern-day Houdini of the business world, remains undeterred and refuses to settle his financial obligations.
Frustrated with his relentless vanishing act, the authorities have now issued a warrant for Lwasa's arrest and are on the hunt. They've called upon the public to join in this thrilling manhunt and provide any clues on his whereabouts, promising to bring this financial rollercoaster to a satisfying conclusion.
Businessman man Lwasa on a run, wanted by police over an 18m debt#TheDailySoup | https://t.co/NUPug67EZ7 pic.twitter.com/lSU9ND4MZn
— SPARK TV (@sparktvuganda) October 18, 2023
It's a case that has all the ingredients of a gripping thriller - a debt-laden businessman, legal acrobatics, and a country on the edge of their seats.
