Home Celebrity Gossip Tycoon Lwasa Emmanuel Arrested For Fraud, Detained at Jinja Road Police Station

Tycoon Lwasa Emmanuel Arrested For Fraud, Detained at Jinja Road Police Station

Lwasa Arrested at Jinja Road

Masaka city tycoon Emmanuel Lwasa Kaweesa has been rearrested over forgery of documents.

Lwasa was arrested on monday after forging signatures related to gold mining deal.

According to Kampala Metroplitan deputy police Spokesperson ,Luke Oweyesigire said that, Lwasa was arrested on monday 1600hrs from his office at Najja Shopping centre in Najjanakumbi for allegedly forging the signatures of acting director , Geological Survey and mines,Ministry of Energy and Mineral Development, Mrs. Alaba Agnes, and that of Ms.

Grace Lajwe, Principal Chemist, Directorate of Geological Survey and Mines (DGSM) in his fraudulent transactions using his two companies; Trans Equator Miners Ltd. and Trade Pannell International Limited,” said Owoyesigire.

He further noted that this resulted from several companies being investigated by the Police Minerals Protection Unit (PMPU) over the forgery of the signature of Alaba Agnes and that many other suspects are yet to be arrested.

Lwasa’s arrest comes a few months after release from police custody over almost similar charges.

Lwasa and Wife Angel

In January, the businessman was arrested over fraud and obtaining money by false pretense when he sold fake gold worth Shs200million to a Chinese national,later he was released on police bond.

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