Uchumi creditors accused of secretly selling Uganda assets

Uchumi Garden City, one of the outlets closed in Uganda. PHOTO | FILE

What you need to know:

  • The official receiver, Mr Fulgence Mungereza, Wednesday said some unscrupulous people had established a WhatsApp chat group where they were offering Uchumi goods at low prices.

Uchumi Supermarkets' creditors are disposing of its Uganda assets despite a court order to preserve them.

The official receiver, Mr Fulgence Mungereza, revealed that people claiming to have been sent by the landlord were selling goods secretly at its Garden City branch in Kampala though there is an order to have the assets preserved until several suits filed by suppliers and former workers are heard and determined.

Mr Mungereza Wednesday said the unscrupulous people had established a WhatsApp chat group where they were offering the items at low prices.

They claimed the sale was aimed at raising money for payment of unpaid dues owed to suppliers for goods delivered to the stores between 2012 and 2015.

Successful buyers told the Monitor that they were tipped of the ongoing sale by their friends who learnt of the sale where the goods’ pictures were posted on a WhatsApp group.

Uchumi closed its Uganda and Tanzania subsidiaries citing heavy losses that were blamed on continuous losses.

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