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    Impressive AGM: Umeme Jumps out of Covid-19 Frying Pan with UGX139Bn Harvest, Sets UGX88Bn for Shareholders

    Impressive AGM: Umeme Jumps out of Covid-19 Frying Pan with UGX139Bn Harvest, Sets UGX88Bn for Shareholders

    Oulanya Substitute: EC issues Campaign plan and Polling Day for Omoro County Parliamentary Seat fill 

    Oulanya Substitute: EC issues Campaign plan and Polling Day for Omoro County Parliamentary Seat fill

    Intelligence Xclusive: Gen. Muhoozi eyes Premier Peter Mayiga for Vice Presidency, Chairman Norbert Mao for Prime Minister

    Intelligence Xclusive: Gen. Muhoozi eyes Premier Peter Mayiga for Vice Presidency, Chairman Norbert Mao for Prime Minister

    Must Read Big Story: Tycoon Patrick Bitature Floors South African Loan Sharks in Fraudulent UDS30M Transaction

    Must Read Big Story: Tycoon Patrick Bitature Floors South African Loan Sharks in Fraudulent UDS30M Transaction

    EC New Home Panic: Ugly Encumbrances emerge on Butabika Land, IGG Strips Self Naked as Ownership gets questioned

    EC New Home Panic: Ugly Encumbrances emerge on Butabika Land, IGG Strips Self Naked as Ownership gets questioned

    Salim Saleh: The General who Rejected to be President but Elected Playing Second Fiddle and diffusing Poverty from Society!

    Salim Saleh: The General who Rejected to be President but Elected Playing Second Fiddle and diffusing Poverty from Society!

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    UNBS closes Sunshare factory over failure to comply with Standards

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    3rd ‘BAT’ on Target: Uganda Cricket Women National Team’s Kevin Awino Snatches 3rdfor Victoria Pearls but…

    3rd ‘BAT’ on Target: Uganda Cricket Women National Team’s Kevin Awino Snatches 3rdfor Victoria Pearls but…

    Stanbic Uganda Cup: The Rivalry is down to Two Clubs’ Trade affairs with either BUL FC or Vipers SC to gloss on Top

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    Impressive AGM: Umeme Jumps out of Covid-19 Frying Pan with UGX139Bn Harvest, Sets UGX88Bn for Shareholders

    Impressive AGM: Umeme Jumps out of Covid-19 Frying Pan with UGX139Bn Harvest, Sets UGX88Bn for Shareholders

    Oulanya Substitute: EC issues Campaign plan and Polling Day for Omoro County Parliamentary Seat fill 

    Oulanya Substitute: EC issues Campaign plan and Polling Day for Omoro County Parliamentary Seat fill

    Intelligence Xclusive: Gen. Muhoozi eyes Premier Peter Mayiga for Vice Presidency, Chairman Norbert Mao for Prime Minister

    Intelligence Xclusive: Gen. Muhoozi eyes Premier Peter Mayiga for Vice Presidency, Chairman Norbert Mao for Prime Minister

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    Must Read Big Story: Tycoon Patrick Bitature Floors South African Loan Sharks in Fraudulent UDS30M Transaction

    EC New Home Panic: Ugly Encumbrances emerge on Butabika Land, IGG Strips Self Naked as Ownership gets questioned

    EC New Home Panic: Ugly Encumbrances emerge on Butabika Land, IGG Strips Self Naked as Ownership gets questioned

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    Salim Saleh: The General who Rejected to be President but Elected Playing Second Fiddle and diffusing Poverty from Society!

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    • Trump Inauguration
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    UNBS closes Sunshare factory over failure to comply with Standards

    UNBS closes Sunshare factory over failure to comply with Standards

    Outgoing PRAU President Cynthia Mpanga (right) hands over the key to new PRAU President Sarah Kagingo as PRAU Patron Min. Frank Tumwebaze looks on

    Hon. Frank Tumwebaze graces PRAU Governing Council Handover Ceremony

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    It was Blankets and Pineapple Waragi as SA’s Distruction Boys entertain Kampala

    To Connect the Unconnected with Innovations towards Inclusive Growth

    To Connect the Unconnected with Innovations towards Inclusive Growth

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    Cindy Sanyu to headline Eastern Megafest

    Vincent Omoth – Marketing Manager Fresh Dairy (L) hands over 20 classroom desks to Head Teacher Kirinya Catholic School

    Fresh Dairy donates classroom desks to Kirinya Catholic Primary School

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    • Nintendo Switch
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    3rd ‘BAT’ on Target: Uganda Cricket Women National Team’s Kevin Awino Snatches 3rdfor Victoria Pearls but…

    Stanbic Uganda Cup: The Rivalry is down to Two Clubs’ Trade affairs with either BUL FC or Vipers SC to gloss on Top

    Stanbic Uganda Cup: The Rivalry is down to Two Clubs’ Trade affairs with either BUL FC or Vipers SC to gloss on Top

    The Victory-ia Pearls Cricket Team Thrashes ICC’s High Ranking Women Nepal side, goes Chest-thumping

    The Victory-ia Pearls Cricket Team Thrashes ICC’s High Ranking Women Nepal side, goes Chest-thumping

    Jumping to the Topmost: Nansana Galaxy Club Currently enjoying the Top Spot of the 2022 ULF top tier Ludo League

    Jumping to the Topmost: Nansana Galaxy Club Currently enjoying the Top Spot of the 2022 ULF top tier Ludo League

    Deservedly Honoured: Hasifah Nassuuna Receives a Standing Ovation on scoring her 100th goal, Setting a historical Record

    Deservedly Honoured: Hasifah Nassuuna Receives a Standing Ovation on scoring her 100th goal, Setting a historical Record

    More Clout: Crested Cranes Welcome Two Professionals, set to face Rwanda, Burundi and Djibouti at Women Championship 

    More Clout: Crested Cranes Welcome Two Professionals, set to face Rwanda, Burundi and Djibouti at Women Championship

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    Expert adds Scientific Angle to NCS’s Witchcraft Scandal without Dismissing the Vice as a Big Pass time for Africans

    Expert adds Scientific Angle to NCS’s Witchcraft Scandal without Dismissing the Vice as a Big Pass time for Africans

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    Covid-Funds-Theft Records: Top Health Ministry Officials Stuck with UGX52Bn Loot as Districts Jam to Account for Air

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    National Water and Sewerage Corporation Technical Staff’ Skills Enhanced for Better Service Delivery

    The Story: How Nabilah’s Sobbing Husband Ssempala Left a Hole into which Barya Slipped and Filled

    The Story: How Nabilah’s Sobbing Husband Ssempala Left a Hole into which Barya Slipped and Filled

    U`re Hypocrites: Ugandan Socialite Zaituni Kirigwajjo aka Zari Freezes her Appearances on all Uganda Events 

    U`re Hypocrites: Ugandan Socialite Zaituni Kirigwajjo aka Zari Freezes her Appearances on all Uganda Events

    Kudos Guys: NBL Keeps Mum as Mwiiri OBs and MACOS Respond to SOS Call and Raise UGX16M for Sick Shem Ssemambo

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    UNBS closes Sunshare factory over failure to comply with Standards

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    To Connect the Unconnected with Innovations towards Inclusive Growth

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  • 2021 Uganda Elections
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Weekly Flashback: How Businessman Hassan Basajja Insured Rotten Hides to Con UPA of Billions

April 4, 2022
inCrime news
Weekly Flashback: How Businessman Hassan Basajja Insured Rotten Hides to Con UPA of Billions

Basajja during those trying moments (Courtesy Photo)

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In the mid 1990’s around this time, businessman Hassan Basajjabalaba (Haba) received a lucrative deal. The deal was about supplying hides and skins to some powerful business people in Europe. The hides’ mogul, upon the billions landing into his hands, is assumed to have diverted the funds to building shopping arcades, petrol stations, buying chunks of land around town and latest cars as well as leasing public markets.

Meantime, the lanky trader would from time to time hang onto telling this and that falsehood to the Europeans who had wired the monies and by this time, were now growing edgy of waiting for the goods. With the European guys threatening to heighten matters, Haba thought of a creative scheme (excuse the jest), to get out of the humiliating mess.

Let`s tell the deception this wily guy conjured up. Haba went about gathering hides from here and there. Having assembled the damn things, the sly Haba sauntered into UPA, an insurance firm headquartered along Kimathi Avenue. Purpose? To purchase an insurance policy to cover the supposed hides he had by now piled up.

The clueless insurers fell for both the money and the foolery. Events that ensued therefrom would give the impression that the insurers didn’t mind enough to carry out ample inquiries to establish the quality of the goods they were undertaking.

This is how, perhaps, the insurers ended up hurriedly writing the policy and tendering copies of the same to the charlatan. After getting the policy into his grasp, Haba sat back and laughed at the insurers as the hides, meanwhile, kept going from bad to worse.

He later on, seemingly shipped the damned merchandise to Europe where the White guys he had picked funds from, quickly rejected the rubbish. But other accounts have it that Haba didn’t dispatch the goods to Europe at all. It is thought, as per this account, the Ugandan guy simply contacted the buyers to report how the hides had gone bad. And to inform them how he was now briskly chasing for compensation from the insurers.

After the insurers had held onto compensation, Haba filed a lawsuit which UPA in particular, and the insurance industry at large, ended up grappling with. The trader put in a legal claim against UPA worth tens of billions of shillings. Haba won the lawsuit in the high court. But he lost on appeal after the lawyers for the insurance firm skillfully dissected the filthy game for the justices of the High Court. In between, rumors had leaked indicating how the trader had been commandeered in Italy.

It all started with the Italians apparently luring the Ugandan man into a meeting in order for the parties to hold a close tête-à-tête over the deal that had gone bad. The exasperated buyers instead exploited the meeting to hijack the trader before demanding for a full refund of their funds with sizeable interest and fines.

It is understood the terrified captive contacted his godfathers back in Kampala, some of whom, he was working for, begging them to kindly rescue him. It is further understood the big guys in Kampala organized the funds and the substantial payoffs the White guys were asking for and punctually wired the same to Europe. The Whites thereafter released Basajjabalaba with a severe warning never ever again to play around with their hard gotten cash.

Enjoy our weekly flashbacks on different stories every monday…

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Stephen Kasozi Muwambi
Stephen Kasozi Muwambi
Mr. Stephen Kasozi Muwambi is a seasoned crime investigative writer, majoring in judicial-based stories. His two decades’ experience as a senior investigative journalist has made him one of the best to reckon on in Uganda. He can also be reached via [email protected]
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