Thursday, October 25 2012
Richard Nalima borrowed Shs30m in October 2011 from a lady only identified as Juliet and promised to pay back with interest of Shs5m by December 2011 after leaving her with a Gayaza land title as collateral security.
The last day for the loan period passed and Nalima had not made good his promise. This prompted Juliet to check with the land title offices but on checking, it turned out that the title was in different names.
The Police spokesperson Idd Senkumbi confirmed that Nalima had been arrested. The tycoon made a statement after Juliet reported the matter to police vide case number CR/E/05/2012.
The tycoon had actually stopped driving his posh car from the moment he learnt that he was a wanted man. On Tuesday, the Tycoon was being driven around Kampala Road in a tinted BMW, police swung into action after a tip off and arrested him.
Nalima managed to raise 5million from fellow tycoon Bosco Ntaganda who also spoke to the Kampala Metropolitan Police Commander Andrew Felix Kaweesi to secure his release. Bosco and Juliet were yesterday evening working out ways of solving the balance in two installments.
NALIMA which is also the number plate to his Chrysler is the Chairman of young tycoons under their umbrella organisation ''Twagalane'' that is affiliated to ''Kwagalana''
Their daughter turned 7, a few days back.
During the interview, MC Kats caught up with his baby mama on a number of issues ranging from her Extended Play that she will be releasing soon, the two collaboration songs that King Saha agreed to work on with Fille.
Asked what the magic was, and Hellen was like and that is nothing, he is capable of a lot more.
"I have two children, Ata and Ark, with my Heaven sent Anwar, we have been together for five years. I am a good person and my hubby is the only one in this world, he was made for me and by the way, that is nothing compared to the things he has done."
In a Snapchat post decorated with green snakes emojis, God's Plan who is currently in the UK has revealed how the 'Bango' singer ended up dating his then girlfriend Sheilah Gashumba.
"He used to come to my apartment to chill, drink and eat food..."
Not long back, when Zari was explaining how she hit the rocks with King Bae, who turned out to be romance scammer, she said that it is not about money when it comes to dating her, so even the not so loaded guys were welcome to give it a try, but looking at her new lover, GK Choppa, he seems to be wearing two faces, in him you see a combination of her late hubby and Diamond Platnumz.