According to sources that communicated with the Uganda Registration Service Bureau (URSB) Chairman and former Regional Cooperation Minister Isaac Musumba from his room at Trident Hotel in Mumbai, he is safe and not arrested as widely reported in the media.

Apparently, Videocon, the company at the centre of all this approached Mathias Magoola and offered to buy his mining concern for US$37, However, not even a penny has been paid todate.

On Tuesday, Isaac Musumba and his client (Mr. Mathias Magoola) left Entebbe International Airport aboard Emirates to pursue his client’s interests; particularly payments for the purchase of the mining license and concession (and other obligations that they undertook).

They went to the Videocon company and demanded to meet the company Chairman but were told that he was not around, so the former Minister and his client Mathias Magoola decided to go back to the hotel.

As the minister was having lunch with Magoola, two men came asking how they could help in solving the matter, but they were told, this could only be discussed with the Videocon Chairman.

Isaac Musumba told him that "his client had a solid case and that if he wanted an out-of-court settlement, he would have to consider a figure of not less than US$20 million dollars; short of which Isaac Musumba’s client would push forward with his claim of US$37 million."

On Friday (Apr 19), This very man who was discussing these details went to police and reported a case of extortion and criminal trespass forcing the police to come to the hotel and get their side of the story.

Proscovia Salaamu Musumba Speaks Out
"Hi all, Been such a busy day with all the buzz. Great hullabaloo about NOTHING. Kindly know it from me, hear it from me and learn from me that the one and only Isaac Musumba is in no trouble with the LAW. He is providing Legal representation to his client on a Mineral Licence. Thank you so much for all your concern and care for Hon. Musumba's welfare. He is well and in pursuit of trade justice for his client. Be blessed. Cheers."
Related: Ex-Minister Musumba Questioned by Indian Police