Log in
Updated few hours ago

Chinese construction firm petitions parliament over Shs 20bn deal

A Chinese firm claiming to have been cheated out of a deal to extract gravel has petitioned Speaker of Parliament Rebecca Kadaga, seeking her intervention.

China Road and Bridge Corporation (CRBC) is battling with Welt Machinen Engineering company over the ownership of the mineral-rich Kamusalaba rock in Lorengedwat sub-county, Nakapiripirit district.

Welt Machinen belongs to Ben Koriang and Felix Oroma, sons of Peter Lokeris, the minister of state for Minerals.

At the centre of the protracted three-year standoff is the Shs 20 billion payment for construction material by the Uganda National Roads Authority (Unra), which was deposited with the court registrar before the two parties clear their legal dispute.

Speaker Rebecca Kadaga

CRBC claims the Shs 20bn was earnings from the completed Moroto-Nakapiririti road project. In a letter dated July 28 to Kadaga, CRBC says the matter was “affecting their businesses in Uganda” and are therefore seeking her protection.

“Withholding Shs 20bn through such irregularities does not give us confidence as investors from protection from speculators who want to take advantage of genuine business,” the letter reads in part.

THE START

CRBC claim they entered into an agreement with the Nakapiripiriti district local government on May 13, 2013 to operate a quarry and extract rock for road-building purposes from Kamusalaba.

CRBC was awarded and subsequently signed the contract with Unra for upgrading the 93-km Moroto–Nakapiripirit road.

They further claim to have invested $2 million in machinery but later, according to their letter to Kadaga, Welt Machinen Engineering claimed ownership of the land on which the quarry was based.

Subsequent legal battles with Welt Engineering have stalled progress on the rock and also sucked in President Museveni even though he has not yet responded.

On June 29, CRBC wrote to President Museveni, saying: “As investors we have executed work legitimately in the national interest, we should not suffer inconvenience of having to fight with speculators who want to take advantage of the court process as they have nothing to lose.”

This email address is being protected from spambots. You need JavaScript enabled to view it.

Comments   

0 #1 Tenga 2017-08-11 13:01
A clan of hyena and wild dogs fighting to death over rotting carcass of Uganda!

Where's Uganda or Karimojong interests catered for here??

Uganda is free for all and all for free!
Quote | Report to administrator
0 #2 Zaitun 2017-08-12 14:05
No foreign company owned land in Uganda until these bands of sycophants grabbed the country as their private property; and now we are again to see people trotting all the way from China to reclaim ownership of rocks on Ugandan soils without shame!

What exactly has gone wrong since these vultures took over the country which has not seen any valuable investment work done?

Many a Ugandan have the rights to criticise Milton Obote, Idi Amin and Godfrey Binaisa as being this and that, but they never ventured to sell out any piece of the country as this bandit is doing today.

Where are all those so-called intellectuals who used to despise the former leaders?

We Ugandans will learn in a hard way tomorrow once the country changes ownership as is happening with Côte d'Ivoire today!!!
Quote | Report to administrator