news 28 October 2026 Daily Monitor (Uganda)
Chinese National Charged in Kampala Over Shs210 Million Botched Forex Deal
Cheng Yi Wei appeared in court facing theft charges after allegedly swindling a fellow Chinese national of Shs210 million in a failed foreign exchange transaction. Source: https://www.monitor.co.ug/uganda/news/national/chinese-national-charged-over-shs210m-botched-forex-deal-5650136
A Chinese national has found himself in legal trouble after appearing before the Buganda Road Chief Magistrate’s Court in Kampala to face charges relating to a botched foreign currency exchange transaction.
Cheng Yi Wei, 36, stood before Senior Principal Magistrate Winnie Nankya Jatiko, where prosecutors formally read a single count of theft against him. According to the court proceedings, Mr. Wei is accused of stealing Shs210 million from a fellow countryman, Gong Cheng Tao.
During the court session, the accused formally denied the theft charge brought against him. The case highlights ongoing legal issues involving foreign nationals in business disputes within the capital.
For more details on this case, read the original report on Daily Monitor.