TYCOON SUDHIR PROTESTS PARLIAMENT’S MOVE TO INVESTIGATE MEERA INVESTMENTS

By our reporter

www.mknewslink.com

In Kampala

City tycoon Sudhir Ruparelia has protested the move by Parliament to investigate how he acquired a property in the city even when the High Court ruled that he genuinely acquired it.

Parliament, through the Committee on Commissions, Statutory Authorities and State Enterprises (Cosase),  is investigating suspected fraud syndicate in acquisition of 460 Departed Asians Properties.

Officials from the Departed Asians Properties Custodian Board have listed Plot 24 on Kampala Road, which belongs to Meera Investments Limited, as part of the properties suspected to have been wrongly acquired.

But Mr Ruparelia, in a letter dated 14th August 2019 to the Speaker of Parliament, wondered how COSASE is inquiring into ownership of the property that was decided upon by the High Court in 2012.

He explained that they bought the property in 1995 and when the Custodian Board contested their move, they went to the High Court and the Judge ruled in their favor.

He said the Custodian board at the time did not appeal to the court decision but wonders why they continue to list the property under those illegally acquired.

“Rt. Hon Speaker, in 2012, the Custodian Board claimed that former owner did not return to Uganda to manage the property and therefore the property belongs to Custodian Board and was by the state of their pen under their management. Having bought the property and owned it since 1995 we went to High court for Judicial Review under LD CR 16 of 2012 to challenge the Custodian Board’s claim,” Mr Ruparelia said.

 “We are seeking clarification and guidance from you whether Parliament can inquire into a matter where decision of Court has been made or where a matter is in Court. Then whenever matters in court come to an end, parties can come to Parliament for another decision we shall be grateful for your guidance.”

On December 20, 2012, Justice Joseph Murangira at the High Court in Kampala Land Division declared Sudhir under his Meera Investment Limited as the rightful owner of the land.

Prior, DAPCB had taken a decision that Sudhir was not the owner of Plot 24 Kampala Road thus stopping him from developing the land in question.

In his ruling, Justice Murangira said Sudhir/Meera Investment was in possession of the property since 1994 when he purchased it until it was subjected to the repossession process of properties that were expropriated when Asians were expelled from Uganda in 1972.

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