MP Accused of Defaulting on 8 Million Shilling Loan

Police have warned that Busiro North Constituency Member of Parliament, Paul Nsubuga, could face legal action over an alleged failure to repay an 8 million Ugandan shilling loan obtained in 2022. The warning comes amidst escalating tensions between the MP and the lender's representatives.
 
The loan was reportedly extended to MP Nsubuga by Simon Ankwasa. According to Shafic Kamoga, who represents Ankwasa in the matter, the MP initially promised to repay the entire amount within one month, even offering 100,000 shillings as an initial token. However, Kamoga claims that nearly four years later, the debt remains outstanding, with the MP repeatedly reneging on repayment promises.
 
Kamoga alleges that MP Nsubuga became furious when pressed for payment. He explains that he acted as an intermediary for the loan transaction because he was close to the MP and they hail from the same village. He states that the most frustrating aspect is the MP's outright denial of the debt and refusal to settle it.
 
Further complicating matters, Kamoga says his work has suffered significantly due to this issue. As the agent for Ankwasa, the lender, he is under pressure to recover the money but finds himself unable to do so because MP Nsubuga has allegedly changed his phone numbers, making him unreachable.
 
When contacted directly by our reporter via phone, MP Paul Nsubuga acknowledged the existence of the 8 million shilling debt. He admitted borrowing the money but stated he has not yet been able to repay it.
 
Efforts to resolve the matter internally have reportedly intensified. It's understood that local leaders within the National Unity Platform (NUP) party, to which MP Nsubuga belongs, have intervened. They pressured the MP to commit to a specific repayment deadline. MP Nsubuga is said to have agreed to clear the debt by June 16th of this year. However, Kamoga confirms that this deadline has now passed without any payment being made.
 
Reached again for comment, MP Nsubuga, speaking through the same phone number used to contact the lender, Simon Ankwasa, appealed for more time. He asked Ankwasa to be patient, citing current financial constraints as the reason for the delay: "I have asked him to give me time... because these days I don't have money."
 
Commenting on the situation, Kampala Metropolitan Police Spokesperson Patrick Onyango issued a stern warning. He stated that individuals, including figures like MP Paul Nsubuga, who are formally accused of obtaining money or property through fraudulent means , will be investigated and potentially prosecuted in court if sufficient evidence is found.

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