No bailout: Ugandan drags government to court


A Ugandan citizen has dragged the Attorney General and 47 alleged intended beneficiaries of government bail outs to court.

This citizen seeks exemplary, punitive and aggravated damages compensation plus an order restraining government from bailing out the distressed companies or individuals.

Recently, President Museveni confirmed the government’s plans in bailing out companies especially those that lost money during the South Sudan insurgency.

He however stated that he did not care about the fate of distressed importers.

The President also told journalists that government has an obligation to pay companies whose distress comes government’s failure to pay for goods/services given to it on credit.wwwwwww

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