Court

Woman ordered to pay sh15m to boyfriend after misappropriating capital funds

Kampala, (UG): The court in Kampala has ordered one Patience Ngaimita to reimburse a total of shs15,952,335/= to her boyfriend, Isaac Kumakech, after allegedly misusing funds the latter gave her to start up a bar and restaurant business.

Law Development Centre (LDC) Principal Magistrate Martin Kirya based his ruling in response to Ngaimita’s misuse of the Shs14,952,335 in capital funds for her personal expenditures.

The boyfriend, Kumakech, upon learning that the funds he gave to his lover Patience Ngaimita had been misappropriated, he initiated legal proceedings against her and sought court intervention to reclaim the funds.

According to court records, the couple initially met on Facebook and developed a close relationship that eventually led to a marriage proposal.

At the time, Kumakech was pursuing a master’s degree in the United States, while Ngaimita was employed at a bank in Mbale.

The two reached an agreement in which Ngaimita would resign from her job to initiate a business venture. Subsequently, she relocated to Mbalwa in Kira Municipality.

Kumakech began sending money to Ngaimita’s mobile number, and they also established a company called Living Room Company Limited, where both held directorship positions.

- Advertisement. Scroll to continue reading. -

However, Kumakech expressed disappointment upon discovering that Ngaimita had diverted the funds for personal purposes.

In her defense, Ngaimita contended that the money sent to her was intended for personal upkeep rather than business expenses. She further argued that Kumakech had not responded to her business proposals.

In delivering his verdict last Friday, Principal Magistrate Martin Kirya indicated that Ngaimita had deceived her boyfriend, citing the substantial sums of money and the timing of their transfer, which indicated an intended investment.

Additionally, he noted that Ngaimita had used a fabricated resignation letter, further deceiving Kumakech.

- Advertisement. -

The magistrate ordered Ngaimita to repay Shs14,952,335, along with an additional Shs1 million for her fraudulent actions.

Do you have a story or an opinion to share? Email us on: dailyexpressug@gmail.com Or follow the Daily Express on or for the latest updates.



[post-views]

Daily Express is Uganda's number one source for breaking news, National news, policy analytical stories, e-buzz, sports, and general news.

We resent fake stories in all our published stories, and are driven by our tagline of being Accurate, Fast & Reliable.

Copyright © 2024 Daily Express Uganda. A Subsidiary of Rabiu Express Media Group Ltd.

To Top
Translate »