• Fri. Nov 22nd, 2024

Ex-MP Muyanja Mbabaali in Trouble as Auctioneers Put Five Properties on Sale

UGANDA, Masaka | Real Muloodi News | The former Bukoto South Member of Parliament, Mr Hajji Muhammad Muyanja Mbabaali, was served with a notice for auction for five of his properties. The notice results from owing unpaid mortgage debt to creditors.

Mr Mbabaali was given 30 days to save his properties by paying all the monies owed, plus fees and costs incurred during the collections process. 

The properties include a building in Mawokota Mpigi, an apartment in Masaka Municipality, two apartments in Ntinda and Kyadondo in Kampala, and another a residential house in Kisugu Kampala District. All five properties are registered under Mr Mbabaali’s company, MFK Cooperation Limited.

The notice was submitted on 15th July 2021 by MMAKS Advocates on behalf of creditors, putting his properties up for auction. The notice also called on all occupants to vacate premises within fourteen days from the date of the notice.

Mr Muyanja Mbabaali was added to the blacklist as he has failed to repay loans after his loss in the 2021 general elections. He lost the NRM primaries to his rival Abdul Kiyimba, who amassed 8,544 votes against his 5,547 votes.

MP Muyanja Mbabaali Fires Back

Mr Mbabaali has since responded with accusations that Diamond Trust Bank (DTB) is using underhand methods to take his properties, after having lured him into a UGX. 7 billion hoax deal.

He further claims the bank is trying to auction his properties without following the law. He says the matter is before the High Court, therefore the rush to auction his property is uncalled-for.

Mr. Mbabaalis’ Political Career

Mr Mbabaali, 65, is the former Member of Parliament for Bukoto South. 

Mr Mbabaali is one of the longest serving politicians under President Museveni, having joined the Uganda Patriotic Movement in 1980, which later changed to the National Resistance Movement (NRM). Between 2010 and 2015, Mr Mbabaali served as the Lwengo NRM district chairperson.

Following the defeat in the NRM primaries in 2021, Mr. Mbabaali announced he was keeping away from elective politics, but would continue to diligently serve his National Resistance Movement party.

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