UGANDA HIGH COURT ORDERS FOR SALE OF AYA LAND
October 28th, 2008 by
Administrator
The land where the multimillion dollar Kampala Hilton Hotel in Uganda is being constructed in Nakasero, Kampala has been advertised. The sale is aimed at recovering about Shs4.5 billion ($2.5m) to pay for legal services rendered to AYA Investments (U) Limited. The bailiffs were last week ordered by the High Court to sell AYA’s immovable property to pay their attorneys who helped secure funding for the construction of Kampala Hilton Hotel, writes Eddy Kirya.
“It is hereby ordered that the interest of the judgment debtor (Aya Investments) is prohibited from transferring or changing such property in any way, and all persons from taking any benefit from such transfer,” said High Court Registrar Roe Byaruhanga in the October 21 order.
The High Court registrar’s order arises from the May 20 judgment in which the court ordered AYA Investments to pay Mr Muzamiru Kibeedi of M/s Kibeedi and Company Advocates fees amounting to $275,000 as fees for the services and US$373,500 as VAT
By Eddy Kirya
Uganda Hotel News
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